Real Estate Investing in Chillicothe, Missouri (64601)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64601 (Chillicothe, MO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Chillicothe, MO (64601)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64601 Chillicothe
This part of Livingston County is not an easy win. The 64601 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Put differently, the numbers look inviting — $188K purchase price, 0.0% nominal cap — the work to hit that pro forma in 64601 is substantial and deserves full respect.
ZIP 64601's metrics run below Livingston County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 64601 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 64601 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Chillicothe:
Property Strategy for 64601
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $111,876 | $900 | 5.8% | +8.3% | $55,938 |
| 3BR | $192,149 | $1,160 | 4.3% | +8.0% | $64,050 |
| 4BR | $253,554 | $1,350 | 3.8% | +8.1% | $63,389 |
Market Trends
Home Value History (with trend line)
📊 How Does 64601 Compare?
| Metric | 64601 | Chillicothe | Missouri |
|---|---|---|---|
| Home Value | $188,193 | $188,193 | $254,657 |
| 5-Year CAGR | 6.5% | 6.5% | 7.0% |
| Avg Rent | $810 | $810 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 64601 (Chillicothe, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $188,193 |
| Monthly Rent | $810 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (3.4%). 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 64601
Population: 12,110
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 64601
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
Frequently Asked Questions
What is the typical renter like in Chillicothe, MO?
Expect a solid tenant pool in Chillicothe, MO. The rental market absorbs $810/mo rents without meaningful friction.
What does house hacking look like in Chillicothe, MO?
Chillicothe, MO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $188K price point reasonable to enter.
Are homes affordable in Chillicothe, MO?
In Chillicothe, MO the median home value sits at $188K. Against the broader MO market, that reads as reasonable for most investors.
Is Chillicothe, MO landlord-friendly?
Rental owners in Chillicothe, MO deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the typical vacancy rate in Chillicothe, MO?
Vacancy risk in Chillicothe, MO is elevated. That supports even-keeled cash flow for typical rental holds.
You know 64601 now. You don’t know where it ranks.
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