Real Estate Investing in Noel, Missouri (64854)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64854 (Noel, MO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 18.6% 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 Noel, MO (64854)?
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Market Analysis: 64854 Noel
Meanwhile, ZIP 64854 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $194K median. It rewards specialists, not generalists.
The 64854 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 64854 sits on the difficult end of the MO spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The 64854 ZIP's population of 4,867 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
The 64854 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Noel:
Property Strategy for 64854
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $125,660 | $900 | 5.2% | — | $62,830 |
| 3BR | $199,244 | $1,250 | 4.5% | — | $66,415 |
Market Trends
Home Value History (with trend line)
📊 How Does 64854 Compare?
| Metric | 64854 | Noel | Missouri |
|---|---|---|---|
| Home Value | $194,288 | $194,288 | $254,657 |
| 5-Year CAGR | 4.8% | 4.8% | 7.0% |
| Avg Rent | $810 | $810 | - |
| 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 64854 (Noel, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $194,288 |
| Monthly Rent | $810 |
| Price-to-Rent | 20.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | N/A |
🏠 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 64854
Population: 4,867
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 64854
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 approach is best for Noel, MO real estate?
For Noel, MO, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the rental occupancy rate in Noel, MO?
Expect elevated vacancy in Noel, MO. Rents at $810/mo are absorbed by the tenant base without meaningful lag.
What is the median home value in Noel, MO?
Noel, MO median home values land near $194K. That is reasonable territory for investors looking at $810/mo-per-month rentals.
How landlord-friendly is Noel, MO?
MO law landlord-friendly for landlords, and Noel inherits those rules. Investors should still review local ordinances for rental licensing.
Are rents high in Noel, MO?
Rental rates in Noel, MO average $810/mo. Tenant demand and $194K home values make the yield look reasonable by investor standards.
You know 64854 now. You don’t know where it ranks.
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