Real Estate Investing in Ulman, Missouri (65083)

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

Miller County • Population: 247 • Data updated: September 2026

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Should you buy in 65083 (Ulman, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (15/100)

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: 15.2% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 26.3 — hard to cash-flow at these prices.

• 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 Ulman, MO (65083)?

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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 $261,709
Avg Monthly Rent $828
1% Rule ✗ Does Not Meet
Median Income N/A
% Renters 14.1%

Market Analysis: 65083 Ulman

ZIP 65083 in Ulman, MO carries a significant set of headwinds. Home values near $262K and rents of $828/mo sit inside a market where underwriting has to be tight.

The investment case in 65083 is notable only for operators who understand what they are buying. A $262K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 65083's metrics run below Miller County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Demographically, 65083 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Experienced landlords with local relationships tend to find 65083 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Ulman:

Affordability
Affordable
Homes cost × the median income
Value Trend
Rising (+10.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $828/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$274K$262K$250K$238K$226K$214KJan 2024May 2025Jul 2026

📊 How Does 65083 Compare?

Metric 65083 Ulman Missouri
Home Value $261,709 $261,709 $254,657
5-Year CAGR N/A N/A 7.0%
Avg Rent $828 $828 -
Cap Rate 2.5% 2.5% -
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 65083 (Ulman, MO). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
2.5%
Low

📊 Market Snapshot

Home Value $261,709
Monthly Rent $828
Price-to-Rent 26.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.8%
Cap Rate 2.5%
5-Year IRR 12.6%

📈 Home Appreciation

1-Year +10.1% ▲
3-Year CAGR N/A
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: 2.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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
15.2%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
N/A
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 65083

Population: 247

💰 Median Household Income
N/A
🏠 Renter Occupied
14.1%
This area
14.1%
State
23.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-8.1%
USA
3.7%
🎓 College Educated
44.6%
This area
44.6%
State
8.6%
USA
33.7%
👤 Median Age
23.1 years
This area
23.1 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
15.2%
This area
15.2%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
32.4%
This area
32.4%
USA
22.0%
👴 65 and Over
21.3%
This area
21.3%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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

Frequently Asked Questions

How viable is house hacking in Ulman, MO?

The house hack math a challenging in Ulman, MO. Owner-occupant buyers benefit from the $828/mo rents and $262K home values.

Is Ulman, MO a good place for real estate investing?

Yes - Ulman, MO a 2.0/5 investability score. With $262K home prices against $828/mo monthly rent, the market delivers a reasonable entry point for new investors.

Where do home prices stand in Ulman, MO?

Ulman, MO median home values land near $262K. That is reasonable territory for investors looking at $828/mo-per-month rentals.

Is Ulman, MO a friendly market for rental owners?

Ulman, MO falls under MO landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How qualified is the tenant pool in Ulman, MO?

The tenant pool in Ulman, MO is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.

You know 65083 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 65083 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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