Real Estate Investing in Joplin, Missouri (64801)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64801 (Joplin, 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: 12.1% of homes vacant — above national norms.
What’s happening in Joplin, MO (64801)?
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Market Analysis: 64801 Joplin
This part of Jasper County is not an easy win. The 64801 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $194K asset, 64801 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 64801's metrics run below Jasper County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 64801 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 64801 is an operator game, not a passive one. From a cash-flow lens, entry prices of $194K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Joplin:
Property Strategy for 64801
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $110,886 | $990 | 6.4% | +9.8% | $55,443 |
| 3BR | $188,094 | $1,290 | 4.9% | +8.5% | $62,698 |
| 4BR | $281,678 | $1,340 | 3.4% | +8.3% | $70,420 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 64801 Compare?
| Metric | 64801 | Joplin | Joplin, MO | Missouri |
|---|---|---|---|---|
| Home Value | $194,471 | $84,888 | N/A | $254,657 |
| 5-Year CAGR | 5.2% | 5.8% | N/A | 7.0% |
| Avg Rent | $997 | $1,214 | N/A | - |
| Cap Rate | 4.0% | 4.4% | - | - |
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 64801 (Joplin, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $194,471 |
| Monthly Rent | $997 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | -0.7% ▼ |
| 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 64801
Population: 36,398
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 64801
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 823 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Joplin, MO for investors?
Our data puts Joplin, MO at 3.0/5 for investability. Home prices of $194K and rents around $997/mo create a solid backdrop for investor activity.
Which real estate strategy fits Joplin, MO?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Joplin, MO. The numbers - $194K homes against $997/mo rents - support that play.
What do landlords charge for rent in Joplin, MO?
Expect rents around $997/mo per month in Joplin, MO. With home values at $194K, the yield math works out to reasonable levels for rental investors.
What kind of vacancy should I budget for in Joplin, MO?
Occupancy in Joplin, MO runs even-keeled with elevated vacancy. Well-priced units at $997/mo lease on reasonable timelines.
How much does a house cost in Joplin, MO?
In Joplin, MO the median home value sits at $194K. Against the broader MO market, that reads as reasonable for most investors.
You know 64801 now. You don’t know where it ranks.
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How 64801 ranks in Joplin, MO
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