Real Estate Investing in Parma, Missouri (63870)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63870 (Parma, MO)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 16.7% of homes vacant — above national norms.
- Elevated poverty: 32.2% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Parma, MO (63870)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 63870 Parma
Investors scanning Parma, MO for forced-equity plays often land on the 63870 ZIP. A a viable market for entry near $69K pairs with rents of $801/mo to widen the renovation window.
Flippers and value-add operators have treated 63870 as a working ZIP for a reason. Entry prices around $69K and a deep rental base of 39% renters underpin the exit strategy on both the sale and rent sides.
Comparing Parma submarkets, ZIP 63870 offers an entry cost that most surrounding neighborhoods have moved past. The resilient delta is the opportunity.
A renter-heavy, wage-earner demographic anchors 63870. Value-add players rely on that mix — the 39% share is both the tenant source and the buyer pool for future owner-occupied exits.
Experienced operators with contractor networks find 63870 worth a close look for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.
Here's what matters if you're considering buying a home in Parma:
Market Trends
Home Value History (with trend line)
📊 How Does 63870 Compare?
| Metric | 63870 | Parma | Missouri |
|---|---|---|---|
| Home Value | $68,796 | $68,796 | $254,657 |
| 5-Year CAGR | 10.5% | 10.5% | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 9.1% | 9.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63870 (Parma, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $68,796 |
| Monthly Rent | $801 |
| Price-to-Rent | 7.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.0% |
| Cap Rate | 9.1% |
| 5-Year IRR | 19.6% |
📈 Home Appreciation
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +10.5% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.1%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 63870
Population: 1,058
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
Frequently Asked Questions
How does Parma, MO stack up for property investment?
With a 5.0/5 investability score, Parma, MO ranks as a solid market for rental property investors. Median prices of $69K and rents of $801/mo drive the underlying numbers.
Is Parma, MO suited for a house hack?
House hacking works an attractive in Parma, MO. Rents of $801/mo against $69K acquisition make the strategy solid for owner-occupants.
What do rentals go for in Parma, MO?
Rents in Parma, MO run near $801/mo. Compared with median home prices of $69K that produces solid gross yields for typical rentals.
What approach is best for Parma, MO real estate?
Parma, MO investors pursuing value-add and BRRRR deals. The underlying economics ($69K prices, $801/mo rents) make it a reasonable choice.
What is the average home sale price in Parma, MO?
Parma, MO home values average about $69K. That price point suits investors targeting rentals with $801/mo in monthly income.
You know 63870 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 63870 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.
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