Real Estate Investing in Kennett, Missouri (63857)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63857 (Kennett, MO)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 16.1% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kennett, MO (63857)?
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Market Analysis: 63857 Kennett
Not every below-median market is a bargain. Kennett's 63857 ZIP posts signals that favor experienced operators who can absorb the risk $116K pricing implies.
The 63857 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Kennett have seen price recovery that 63857 has not matched. Dunklin County data supports the view that the spread is structural rather than temporary.
A notable renter share of 38% in 63857 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
seems to 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 Kennett:
Market Trends
Home Value History (with trend line)
📊 How Does 63857 Compare?
| Metric | 63857 | Kennett | Kennett, MO | Missouri |
|---|---|---|---|---|
| Home Value | $115,595 | $115,595 | N/A | $254,657 |
| 5-Year CAGR | 1.2% | 1.2% | N/A | 7.0% |
| Avg Rent | $810 | $810 | N/A | - |
| Cap Rate | 5.5% | 5.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63857 (Kennett, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $115,595 |
| Monthly Rent | $810 |
| Price-to-Rent | 11.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.4% |
| Cap Rate | 5.5% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +1.2% ▲ |
| 10-Year CAGR | +2.2% ▲ |
🏠 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 (5.5%). 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 63857
Population: 11,964
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 63857
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
How much do tenants pay in Kennett, MO?
The typical rental in Kennett, MO commands about $810/mo monthly. That rent profile measured cash flow against the $116K purchase basis.
Where do home prices stand in Kennett, MO?
Expect median prices around $116K in Kennett, MO. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
What strategy should investors use in Kennett, MO?
In Kennett, MO the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $116K prices and $810/mo rents suits that approach.
How do landlord-tenant laws work in Kennett, MO?
The landlord environment in Kennett, MO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What kind of vacancy should I budget for in Kennett, MO?
Rental vacancy in Kennett, MO is elevated. Investors should budget normal turnover but not chronic empty units.
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