Real Estate Investing in Deerfield, Missouri (64741)

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

Vernon County • Population: 299 • Data updated: September 2026

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Should you buy in 64741 (Deerfield, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (31/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 47.6% of homes vacant — above national norms.
  • Lower household income: $36,250 median — tenant affordability is tighter.

• 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 Deerfield, MO (64741)?

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2.0/ 5

Investability

Overall investment appeal

0.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $209,730
Avg Monthly Rent $810
1% Rule ✗ Does Not Meet
Median Income $36,250
% Renters 8.1%

Market Analysis: 64741 Deerfield

The 64741 ZIP covers a section of Deerfield that demands careful diligence. Prices near $210K look accessible, but the work to make a deal cash flow is real.

Rent of $810/mo on a $210K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 64741 sits below the stated 0.0% once reality is priced in.

From an investor standpoint, 64741 offers a low basis, the region around Deerfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The demographic picture in 64741 includes headwinds that any investor should price in. Income distribution skews lower than Deerfield averages, and tenant stability requires active management.

Strategically, 64741 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.

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 Deerfield:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Rising (+12.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $810/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)

$215K$200K$184K$169K$154K$139KFeb 2023Nov 2024Jul 2026

📊 How Does 64741 Compare?

Metric 64741 Deerfield Missouri
Home Value $209,730 $209,730 $254,657
5-Year CAGR N/A N/A 7.0%
Avg Rent $810 $810 -
Cap Rate 3.0% 3.0% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 64741 (Deerfield, MO). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.0%
Low

📊 Market Snapshot

Home Value $209,730
Monthly Rent $810
Price-to-Rent 21.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.6%
Cap Rate 3.0%
5-Year IRR 14.6%

📈 Home Appreciation

1-Year +12.2% ▲
3-Year CAGR +11.6% ▲
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
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
47.6%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 64741

Population: 299

💰 Median Household Income
$36,250
This area
$36,250
State
$62,768
USA
$74,580
🏠 Renter Occupied
8.1%
This area
8.1%
State
23.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-8.1%
USA
3.7%
🎓 College Educated
22.5%
This area
22.5%
State
8.6%
USA
33.7%
👤 Median Age
60.4 years
This area
60.4 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
47.6%
This area
47.6%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 97.9%
Other/Mixed 2.1%
👶 Under 18
3.7%
This area
3.7%
USA
22.0%
👴 65 and Over
45.5%
This area
45.5%
USA
17.3%
📊 Poverty Rate
6.5%
This area
6.5%
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

🎓 Nearby Colleges & Universities

2 Nearby 112 Off-Campus Students
C
Fort Scott Community College
1,464 students · 8.3 mi
C+
Cottey College
266 students · 10.5 mi

Frequently Asked Questions

Is housing expensive in Deerfield, MO?

Deerfield, MO home values average about $210K. That price point suits investors targeting rentals with $810/mo in monthly income.

What is the tenant pool like in Deerfield, MO?

The tenant pool in Deerfield, MO is solid, supported by local employment and population fundamentals. Rents of $810/mo are well-absorbed by the market.

How landlord-friendly is Deerfield, MO?

Landlord-friendliness in Deerfield, MO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is house hacking profitable in Deerfield, MO?

House hacking in Deerfield, MO is reasonable to execute. Prices around $210K and rents of $810/mo solid owner-occupant economics.

Is vacancy a concern in Deerfield, MO?

Expect elevated vacancy in Deerfield, MO. Rents at $810/mo are absorbed by the tenant base without meaningful lag.

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