Real Estate Investing in Chaffee, Missouri (63740)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63740 (Chaffee, MO)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.3% vacancy may signal weakening demand.
- 1-year downturn: Values declined 3.3% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Chaffee, MO (63740)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 63740 Chaffee
ZIP 63740 inside Scott County looks affordable on the surface — median value of $144K — but the discount exists for reasons that a careful buyer should understand before committing.
Put differently, the numbers look inviting — $144K purchase price, 0.0% nominal cap — the work to hit that pro forma in 63740 is substantial and deserves full respect.
The gap between 63740 and stronger Chaffee ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 63740 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Chaffee:
Property Strategy for 63740
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $115,303 | $980 | 6.1% | +7.2% | $57,652 |
| 3BR | $158,411 | $1,250 | 5.7% | +6.7% | $52,804 |
| 4BR | $179,030 | $1,490 | 6.0% | — | $44,757 |
Market Trends
Home Value History (with trend line)
📊 How Does 63740 Compare?
| Metric | 63740 | Chaffee | Sikeston, MO | Missouri |
|---|---|---|---|---|
| Home Value | $144,242 | $144,242 | N/A | $254,657 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 7.0% |
| Avg Rent | $882 | $882 | 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 63740 (Chaffee, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,242 |
| Monthly Rent | $882 |
| Price-to-Rent | 13.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 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 63740
Population: 5,447
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 63740
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
DELTA ELEM.
DELTA HIGH
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 977 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does house hacking work in Chaffee, MO?
House hacking works a challenging in Chaffee, MO. Rents of $882/mo against $144K acquisition make the strategy solid for owner-occupants.
Is Chaffee, MO a good market for buy-and-hold investors?
Our data puts Chaffee, MO at 3.0/5 for investability. Home prices of $144K and rents around $882/mo create a solid backdrop for investor activity.
How strict are landlord regulations in Chaffee, MO?
Rental owners in Chaffee, MO deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What are rental rates like in Chaffee, MO?
Average rent in Chaffee, MO is approximately $882/mo per month. Against $144K home values that yields a reasonable rent-to-price ratio.
Where do home prices stand in Chaffee, MO?
Chaffee, MO median home values land near $144K. That is reasonable territory for investors looking at $882/mo-per-month rentals.
You know 63740 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 63740 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 63740 ranks in Sikeston, MO
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