Real Estate Investing in Parnell, Missouri (64475)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64475 (Parnell, MO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 28.6% of homes vacant — above national norms.
• 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 Parnell, MO (64475)?
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Market Analysis: 64475 Parnell
Not every below-median market is a bargain. Parnell's 64475 ZIP reflects signals that favor experienced operators who can absorb the risk $230K pricing implies.
Rent of $819/mo on a $230K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 64475 sits below the stated 0.0% once reality is priced in.
The gap between 64475 and stronger Parnell ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A durable renter share of 31% in 64475 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 64475 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 Parnell:
Market Trends
Home Value History (with trend line)
📊 How Does 64475 Compare?
| Metric | 64475 | Parnell | Maryville, MO | Missouri |
|---|---|---|---|---|
| Home Value | $229,954 | $229,954 | N/A | $254,657 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.0% |
| Avg Rent | $819 | $819 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64475 (Parnell, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $229,954 |
| Monthly Rent | $819 |
| Price-to-Rent | 23.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 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 (2.8%). 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 64475
Population: 378
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How deep is the rental pool in Parnell, MO?
Expect a solid tenant pool in Parnell, MO. The rental market absorbs $819/mo rents without meaningful friction.
How landlord-friendly is Parnell, MO?
Landlord-friendliness in Parnell, MO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the median home value in Parnell, MO?
Typical homes in Parnell, MO go for around $230K. The 5-year CAGR of 0.0% measured price movement.
What does house hacking look like in Parnell, MO?
For house hackers, Parnell, MO is a challenging. The $819/mo rent on a unit helps defray the mortgage on a $230K property.
How do experienced investors play Parnell, MO?
The best-fit strategy in Parnell, MO is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 64475 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64475 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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