Real Estate Investing in Princeton, Missouri (64673)

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

Mercer County • Population: 2,492 • Data updated: September 2026

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Should you buy in 64673 (Princeton, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

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

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 34.6% of homes vacant — above national norms.
  • Declining values: -0.5% 5-year CAGR — values have moved lower.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Princeton, MO (64673)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $107,334
Avg Monthly Rent $801
1% Rule ✗ Does Not Meet
Median Income $52,813
% Renters 18.8%

Market Analysis: 64673 Princeton

ZIP 64673 inside Mercer County looks affordable on the surface — median value of $107K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed markets are won on execution, not on spreadsheets. ZIP 64673 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

The gap between 64673 and stronger Princeton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Meanwhile, 2,492 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Princeton:

C+ Average
Buy Confidence Score: 60/100
Affordability
25/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2× the median income
Value Trend
Stable (+1.2%)
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)

$123K$109K$95K$81K$67K$53KFeb 2016May 2021Jul 2026

📊 How Does 64673 Compare?

Metric 64673 Princeton Missouri
Home Value $107,334 $107,334 $254,657
5-Year CAGR N/A N/A 7.0%
Avg Rent $801 $801 -
Cap Rate 5.8% 5.8% -
💡 Why Invest in 64673? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 64673 (Princeton, MO). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.8%
Fair
5yr Growth
-0.5%
Declining

📊 Market Snapshot

Home Value $107,334
Monthly Rent $801
Price-to-Rent 11.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 9.0%
Cap Rate 5.8%
5-Year IRR 5.4%

📈 Home Appreciation

1-Year +1.2% ▲
3-Year CAGR -3.0% ▼
5-Year CAGR -0.5% ▼
10-Year CAGR +5.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.8%). 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.

Vacancy
34.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-0.5%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 64673

Population: 2,492

💰 Median Household Income
$52,813
This area
$52,813
State
$62,768
USA
$74,580
🏠 Renter Occupied
18.8%
This area
18.8%
State
23.7%
USA
34.0%
💼 Unemployment Rate
2.0%
This area
2.0%
State
-8.1%
USA
3.7%
🎓 College Educated
21.7%
This area
21.7%
State
8.6%
USA
33.7%
👤 Median Age
39.5 years
This area
39.5 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
34.6%
This area
34.6%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 94.8%
Other/Mixed 4.8%
Hispanic/Latino 3.0%
Black/African American 0.4%
👶 Under 18
26.5%
This area
26.5%
USA
22.0%
👴 65 and Over
21.4%
This area
21.4%
USA
17.3%
📊 Poverty Rate
9.0%
This area
9.0%
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 64673

A Avg School Grade
2 Schools
9.1:1 Avg Class Size
$14,306 Avg Per Pupil

Schools in This ZIP Code

A Very Good

PRINCETON R-V ELEM.

📚 Pre-K – 06 School
👥
170 Students
👨‍🏫
8.6:1 Class Size
💰
$14,306 Per Student
A Very Good

PRINCETON R-V JR.-SR. HIGH

📚 07 – 12 High School
👥
161 Students
👨‍🏫
9.5:1 Class Size
💰
$14,306 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

Is vacancy a concern in Princeton, MO?

Princeton, MO sees elevated vacancy, which is reasonable relative to the broader MO rental market.

What is the renter demographic in Princeton, MO?

Expect a solid tenant pool in Princeton, MO. The rental market absorbs $801/mo rents without meaningful friction.

What does house hacking look like in Princeton, MO?

Princeton, MO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $107K price point reasonable to enter.

Are eviction rules reasonable in Princeton, MO?

The landlord environment in Princeton, MO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

Is housing expensive in Princeton, MO?

In Princeton, MO the median home value sits at $107K. Against the broader MO market, that reads as reasonable for most investors.

You know 64673 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 64673 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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