Real Estate Investing in Lamar, Missouri (64759)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64759 (Lamar, 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: 12.9% of homes vacant — above national norms.
- Elevated poverty: 20.3% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lamar, MO (64759)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64759 Lamar
In practical terms, ZIP 64759 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $191K median. It rewards specialists, not generalists.
From an investor standpoint, the numbers look inviting — $191K purchase price, 0.0% nominal cap — the work to hit that pro forma in 64759 is substantial and deserves full respect.
The gap between 64759 and stronger Lamar ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 64759 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 64759 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 Lamar:
Market Trends
Home Value History (with trend line)
📊 How Does 64759 Compare?
| Metric | 64759 | Lamar | Missouri |
|---|---|---|---|
| Home Value | $191,222 | $191,222 | $254,657 |
| 5-Year CAGR | 5.0% | 5.0% | 7.0% |
| Avg Rent | $819 | $819 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64759 (Lamar, MO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 64759 (Lamar, MO)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $191,222 |
| Monthly Rent | $819 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (3.3%). 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 64759
Population: 8,056
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 64759
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
Is Lamar, MO a good market for buy-and-hold investors?
Our data puts Lamar, MO at 3.0/5 for investability. Home prices of $191K and rents around $819/mo create a solid backdrop for investor activity.
Where do rents currently stand in Lamar, MO?
The typical rental in Lamar, MO commands about $819/mo monthly. That rent profile measured cash flow against the $191K purchase basis.
What is the best play in Lamar, MO?
Lamar, MO investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($191K prices, $819/mo rents) make it a reasonable choice.
How strong is tenant demand in Lamar, MO?
Working renters make up the core of the Lamar, MO tenant base. The pool is reasonable for investors targeting long-term holds.
Are there empty rentals in Lamar, MO?
Lamar, MO sees elevated vacancy, which is reasonable relative to the broader MO rental market.
You know 64759 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64759 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.
AI Market Advisor
Ask questions about investing in 64759 (Lamar)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 64759 (Lamar, MO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.