Real Estate Investing in De Kalb, Missouri (64440)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64440 (De Kalb, MO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 13.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 29.4 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in De Kalb, MO (64440)?
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Market Analysis: 64440 De Kalb
ZIP 64440 inside Buchanan County looks affordable on the surface — median value of $327K — but the discount exists for reasons that a careful buyer should understand before committing.
On balance, the numbers look inviting — $327K purchase price, 0.0% nominal cap — the work to hit that pro forma in 64440 is substantial and deserves full respect.
Statewide comparisons place 64440 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 64440 ZIP's population of 876 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
The 64440 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in De Kalb:
Market Trends
Home Value History (with trend line)
📊 How Does 64440 Compare?
| Metric | 64440 | De Kalb | St. Joseph, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $327,062 | $327,062 | N/A | $254,657 |
| 5-Year CAGR | N/A | N/A | N/A | 7.0% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64440 (De Kalb, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $327,062 |
| Monthly Rent | $927 |
| Price-to-Rent | 29.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +12.0% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (2.2%). 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 64440
Population: 876
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 64440
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 580 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does house hacking make sense in De Kalb, MO?
For house hackers, De Kalb, MO is a challenging. The $927/mo rent on a unit helps defray the mortgage on a $327K property.
Is De Kalb, MO a smart market for rental property?
De Kalb, MO clocks in at an investability rating of 2.0/5, with median home values near $327K and average rents around $927/mo. That combination puts it in the impressive tier for investor interest.
How qualified is the tenant pool in De Kalb, MO?
Working renters make up the core of the De Kalb, MO tenant base. The pool is reasonable for investors targeting long-term holds.
Where do rents currently stand in De Kalb, MO?
Rent in De Kalb, MO is around $927/mo. The resulting rent-to-value relationship with $327K pricing is reasonable for most investor models.
What price range are homes in De Kalb, MO?
Homes in De Kalb, MO typically sell near $327K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
You know 64440 now. You don’t know where it ranks.
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How 64440 ranks in St. Joseph, MO-KS
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