Real Estate Investing in Fredericktown, Missouri (63645)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63645 (Fredericktown, MO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 19.0% 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 Fredericktown, MO (63645)?
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Market Analysis: 63645 Fredericktown
The 63645 ZIP covers a section of Fredericktown that demands careful diligence. Prices near $175K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $175K asset, 63645 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 63645 sits on the difficult end of the MO spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
The 63645 ZIP's population of 11,514 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Distressed ZIPs reward experience. impressive returns are possible in 63645, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Fredericktown:
Property Strategy for 63645
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $107,233 | $720 | 4.8% | — | $107,233 |
| 2BR | $116,096 | $940 | 5.8% | +8.1% | $58,048 |
| 3BR | $178,056 | $1,250 | 5.1% | +7.9% | $59,352 |
| 4BR | $236,164 | $1,490 | 4.5% | +8.0% | $59,041 |
Market Trends
Home Value History (with trend line)
📊 How Does 63645 Compare?
| Metric | 63645 | Fredericktown | Missouri |
|---|---|---|---|
| Home Value | $175,225 | $175,225 | $254,657 |
| 5-Year CAGR | 7.0% | 7.0% | 7.0% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 3.8% | 3.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63645 (Fredericktown, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $175,225 |
| Monthly Rent | $846 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +11.5% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (3.8%). 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 63645
Population: 11,514
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 63645
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 are rental rates like in Fredericktown, MO?
Average rent in Fredericktown, MO is approximately $846/mo per month. Against $175K home values that yields a reasonable rent-to-price ratio.
Are landlord laws favorable in Fredericktown, MO?
Fredericktown, MO operates under MO law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
How does Fredericktown, MO rate as a rental market?
Fredericktown, MO scores 3.0/5 for investability. Home values sit at $175K and rents near $846/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are there empty rentals in Fredericktown, MO?
Vacancy in Fredericktown, MO is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $846/mo.
What is the tenant pool like in Fredericktown, MO?
Expect a solid tenant pool in Fredericktown, MO. The rental market absorbs $846/mo rents without meaningful friction.
You know 63645 now. You don’t know where it ranks.
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