Real Estate Investing in Hale, Missouri (64623)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64623 (Hale, MO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 47.9% 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 Hale, MO (64623)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64623 Hale
On the rental side, ZIP 64623 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $155K median. It rewards specialists, not generalists.
Rent of $801/mo on a $155K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 64623 sits below the stated 0.0% once reality is priced in.
Meanwhile, 64623 offers a low basis, the region around Hale has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 64623 ZIP's population of 437 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Experienced landlords with local relationships tend to find 64623 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Hale:
Market Trends
Home Value History (with trend line)
📊 How Does 64623 Compare?
| Metric | 64623 | Hale | Missouri |
|---|---|---|---|
| Home Value | $154,921 | $213,800 | $254,657 |
| 5-Year CAGR | N/A | 6.6% | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 4.0% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64623 (Hale, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,921 |
| Monthly Rent | $801 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | N/A |
| 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 (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.
Demographics in 64623
Population: 437
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 64623
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.
Frequently Asked Questions
Are renters plentiful in Hale, MO?
Working renters make up the core of the Hale, MO tenant base. The pool is reasonable for investors targeting long-term holds.
Is Hale, MO a smart market for rental property?
With a 2.0/5 investability score, Hale, MO ranks as a solid market for rental property investors. Median prices of $155K and rents of $801/mo drive the underlying numbers.
Are homes affordable in Hale, MO?
Hale, MO median home values land near $155K. That is reasonable territory for investors looking at $801/mo-per-month rentals.
What investment strategy works best in Hale, MO?
In Hale, MO the robust play is typically careful cash-flow rentals with hands-on management. The combination of $155K prices and $801/mo rents suits that approach.
Is Hale, MO a friendly market for rental owners?
For rental operators, Hale, MO rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 64623 now. You don’t know where it ranks.
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