Real Estate Investing in Bismarck, Missouri (63624)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63624 (Bismarck, 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: 20.1% 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 Bismarck, MO (63624)?
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Market Analysis: 63624 Bismarck
The 63624 ZIP covers a section of Bismarck that demands careful diligence. Prices near $130K look accessible, but the work to make a deal cash flow is real.
From an investor standpoint, the numbers look inviting — $130K purchase price, 0.0% nominal cap — the work to hit that pro forma in 63624 is substantial and deserves full respect.
In the broader MO picture, 63624 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 63624 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 63624 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Bismarck:
Property Strategy for 63624
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $48,525 | $690 | 10.2% | — | $48,525 |
| 2BR | $99,076 | $890 | 6.5% | +10.2% | $49,538 |
| 3BR | $158,999 | $1,130 | 5.1% | +8.0% | $53,000 |
Market Trends
Home Value History (with trend line)
📊 How Does 63624 Compare?
| Metric | 63624 | Bismarck | Farmington, MO | Missouri |
|---|---|---|---|---|
| Home Value | $129,533 | $129,533 | N/A | $254,657 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.0% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
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 63624 (Bismarck, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $129,533 |
| Monthly Rent | $801 |
| Price-to-Rent | 13.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (4.8%). 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 63624
Population: 3,507
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 63624
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 585 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Bismarck, MO for investors?
The 3.0/5 investability rating in Bismarck, MO reflects its $130K prices and $801/mo rents. Investors generally consider it a solid option within MO.
What is the typical renter like in Bismarck, MO?
Expect a solid tenant pool in Bismarck, MO. The rental market absorbs $801/mo rents without meaningful friction.
Is vacancy a concern in Bismarck, MO?
Vacancy in Bismarck, MO is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $801/mo.
Does house hacking make sense in Bismarck, MO?
House hacking in Bismarck, MO is a challenging. With home values around $130K and rents at $801/mo, owner-occupants can offset a meaningful share of PITI.
How much rent can I charge in Bismarck, MO?
The typical rental in Bismarck, MO commands about $801/mo monthly. That rent profile predictable cash flow against the $130K purchase basis.
You know 63624 now. You don’t know where it ranks.
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How 63624 ranks in Farmington, MO
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