Real Estate Investing in Hamilton, Missouri (64644)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64644 (Hamilton, 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: 13.6% 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 Hamilton, MO (64644)?
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Market Analysis: 64644 Hamilton
ZIP 64644 in Hamilton, MO carries a notable set of headwinds. Home values near $234K and rents of $927/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 64644 can be a a solid fit for hunting ground — but the discount at $234K reflects genuine risk that outside investors often underestimate.
The gap between 64644 and stronger Hamilton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 64644 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 64644 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Hamilton:
Market Trends
Home Value History (with trend line)
📊 How Does 64644 Compare?
| Metric | 64644 | Hamilton | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $233,653 | $233,653 | N/A | $254,657 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 7.0% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64644 (Hamilton, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $233,653 |
| Monthly Rent | $927 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (3.1%). 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 64644
Population: 3,265
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 64644
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
What are rental rates like in Hamilton, MO?
Average rent in Hamilton, MO is approximately $927/mo per month. Against $234K home values that yields a reasonable rent-to-price ratio.
What is the renter demographic in Hamilton, MO?
Hamilton, MO offers a measured renter base at the $927/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Hamilton, MO a good place for real estate investing?
Hamilton, MO sits at an investability rating of 3.0/5, with median home values near $234K and average rents around $927/mo. That combination puts it in the solid tier for investor interest.
Is Hamilton, MO better for rentals, flips, or BRRRR?
For Hamilton, MO, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is Hamilton, MO a friendly market for rental owners?
Hamilton, MO falls under MO landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 64644 now. You don’t know where it ranks.
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How 64644 ranks in Kansas City, MO-KS
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