Real Estate Investing in Memphis, Missouri (63555)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63555 (Memphis, MO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 22.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Memphis, MO (63555)?
Click any question — our AI will research it live from the web and show you sources.
Local Pulse Report
AI-researched developments and news for Memphis, MO (63555). Updated on demand as visitors ask.
Local news & events in Memphis, MO (63555) Updated 119 days ago
Opportunities
- Memphis, MO, offers various local amenities like Lake Show Me for fishing and camping, museums, parks with disc golf, and a shooting range. — These amenities provide diverse recreational and leisure opportunities for residents and visitors. City of Memphis, Missouri
- The Memphis Area Chamber of Commerce plans annual events such as Pancake Days, Peanut Days, Safe Stop, and a Holiday Open House & Cookie Crawl. — These events foster community engagement and provide opportunities for local businesses and residents to connect. Memphis Area Chamber of Commerce
- The city maintains a century-old Pepsi bottling plant that is still in operation, contributing to local character and economy. — This preserves local heritage and provides a unique local attraction. City of Memphis, Missouri
Concerns
- Southwest Memphis has a long history of industrial pollution, including an oil refinery, a closed coal plant, and heavy truck traffic, raising health concerns. — This ongoing pollution can negatively impact residents' health and quality of life, restricting their ability to enjoy a clean environment. KFF Health News
- Residents in southwest Memphis have expressed concerns about ethylene oxide emissions from a sterilization facility, linked to increased cancer risks. — This poses a direct health risk to the community, potentially limiting residents' well-being and peace of mind. KFF Health News
- Some Memphis residents have complained about air pollution from xAI gas turbines, which were initially installed without community input. — This lack of community input and potential air quality degradation can reduce residents' control over their local environment and health. EHN
- In some Memphis apartment communities, residents have faced issues like water leaks, roach and rat infestations, and black mold. — These substandard living conditions restrict residents' ability to live in safe and healthy housing. MLK50: Justice Through Journalism
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
Here's what matters if you're considering buying a home in Memphis:
Property Strategy for 63555
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $77,336 | $890 | 8.3% | +4.2% | $38,668 |
| 3BR | $129,562 | $1,230 | 6.8% | +5.4% | $43,187 |
| 4BR | $140,468 | $1,490 | 7.6% | — | $35,117 |
Market Trends
Home Value History (with trend line)
📊 How Does 63555 Compare?
| Metric | 63555 | Memphis | Missouri |
|---|---|---|---|
| Home Value | $121,937 | $121,937 | $254,657 |
| 5-Year CAGR | 2.9% | 2.9% | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 5.1% | 5.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63555 (Memphis, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $121,937 |
| Monthly Rent | $801 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 63555
Population: 3,193
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 63555
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
What is the rental occupancy rate in Memphis, MO?
Vacancy risk in Memphis, MO is elevated. That supports predictable cash flow for typical rental holds.
Is Memphis, MO a friendly market for rental owners?
Landlord-friendliness in Memphis, MO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How qualified is the tenant pool in Memphis, MO?
Tenant quality in Memphis, MO ranks as solid. Landlords generally report steady occupancy at market rents of $801/mo.
What monthly rent should investors expect in Memphis, MO?
Rent in Memphis, MO is around $801/mo. The resulting rent-to-value relationship with $122K pricing is reasonable for most investor models.
Is Memphis, MO good for house hacking?
House hacking works a challenging in Memphis, MO. Rents of $801/mo against $122K acquisition make the strategy solid for owner-occupants.
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Community Ratings
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