Real Estate Investing in Carrollton, Missouri (64633)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Carroll County • Population: 4,504 • Data updated: September 2026

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Should you buy in 64633 (Carrollton, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 21.3% 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 Carrollton, MO (64633)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $155,280
Avg Monthly Rent $801
1% Rule ✗ Does Not Meet
Median Income $54,596
% Renters 35.6%

Market Analysis: 64633 Carrollton

The 64633 ZIP covers a section of Carrollton that demands careful diligence. Prices near $155K look accessible, but the work to make a deal cash flow is real.

The investment case in 64633 is impressive only for operators who understand what they are buying. A $155K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within MO, ZIP 64633 trails on several market indicators that neighboring Carroll County submarkets outperform. The gap is real and durable enough to shape underwriting.

The 64633 ZIP's population of 4,504 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.

The right play in 64633 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Carrollton:

B Good
Buy Confidence Score: 75/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.8× the median income
Value Trend
Rising (+9.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $801/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$164K$140K$116K$92K$68K$44KOct 2013Mar 2020Jul 2026

📊 How Does 64633 Compare?

Metric 64633 Carrollton Missouri
Home Value $155,280 $155,280 $254,657
5-Year CAGR 7.0% 7.0% 7.0%
Avg Rent $801 $801 -
Cap Rate 4.0% 4.0% -
💡 Why Invest in 64633? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 36% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 64633 (Carrollton, MO). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.0%
Fair
5yr Growth
+7.0%
Strong

📊 Market Snapshot

Home Value $155,280
Monthly Rent $801
Price-to-Rent 16.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.2%
Cap Rate 4.0%
5-Year IRR 11.1%

📈 Home Appreciation

1-Year +9.3% ▲
3-Year CAGR +5.1% ▲
5-Year CAGR +7.0% ▲
10-Year CAGR +7.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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.

Vacancy
21.3%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.0%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 64633

Population: 4,504

💰 Median Household Income
$54,596
This area
$54,596
State
$62,768
USA
$74,580
🏠 Renter Occupied
35.6%
This area
35.6%
State
23.7%
USA
34.0%
💼 Unemployment Rate
3.4%
This area
3.4%
State
-8.1%
USA
3.7%
🎓 College Educated
22.9%
This area
22.9%
State
8.6%
USA
33.7%
👤 Median Age
41.1 years
This area
41.1 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
21.3%
This area
21.3%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 94.1%
Other/Mixed 3.8%
Black/African American 2.0%
Asian 0.1%
👶 Under 18
24.8%
This area
24.8%
USA
22.0%
👴 65 and Over
22.3%
This area
22.3%
USA
17.3%
📊 Poverty Rate
8.5%
This area
8.5%
USA
11.5%

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 64633

B Avg School Grade
4 Schools
16.9:1 Avg Class Size
$15,504 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

CARROLLTON SENIOR HIGH

📚 09 – 12 High School
👥
248 Students
👨‍🏫
12.9:1 Class Size
💰
$15,504 Per Student
B+ Above Average

MIDDLE SCHOOL

📚 05 – 08 School
👥
281 Students
👨‍🏫
13.1:1 Class Size
💰
$15,504 Per Student
B Good

CARROLLTON ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
327 Students
👨‍🏫
24.7:1 Class Size
💰
$15,504 Per Student
C+ Average

CARROLLTON AREA CAREER CENTER

📚 10 – 12 High School Limited Data
💰
$15,504 Per Student
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

What kind of tenants rent in Carrollton, MO?

The renter base in Carrollton, MO is reasonable for the $801/mo price point. Screening well and pricing to market typically yields steady tenants.

How does Carrollton, MO stack up for property investment?

With a 3.0/5 investability score, Carrollton, MO ranks as a solid market for rental property investors. Median prices of $155K and rents of $801/mo drive the underlying numbers.

Should investors worry about vacancy in Carrollton, MO?

Carrollton, MO carries elevated vacancy risk. Expect steady absorption at market rents of $801/mo.

Is Carrollton, MO good for landlords?

Carrollton, MO operates under MO law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

How much does a house cost in Carrollton, MO?

Median home price in Carrollton, MO is near $155K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.

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