Real Estate Investing in Clark, Missouri (65243)

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

Randolph • Population: 3,085 • Data updated: September 2026

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Should you buy in 65243 (Clark, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 18.0% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 38.8 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Clark, MO (65243)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $380,975
Avg Monthly Rent $819
1% Rule ✗ Does Not Meet
Median Income $56,792
% Renters 10.7%

Market Analysis: 65243 Clark

Not every below-median market is a bargain. Clark's 65243 ZIP posts signals that favor experienced operators who can absorb the risk $381K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 65243 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Put differently, 65243 offers a low basis, the region around Clark has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

From a cash-flow lens, 3,085 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Clark:

C+ Average
Buy Confidence Score: 60/100
Affordability
5/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.7× the median income
Value Trend
Rising (+10.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $819/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.
🏠

Property Strategy for 65243

Which property type performs best in this market?

Best for Cash Flow
3BR
2.8% cap rate
Best for Appreciation
2BR
+8.3% 5yr CAGR
Best Overall Value
3BR
$105,763/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $237,786 $910 2.8% +8.3% $118,893
3BR $317,290 $1,230 2.8% +8.0% $105,763

Market Trends

Home Value History (with trend line)

$422K$357K$292K$226K$161K$96KJul 2006Jul 2016Jul 2026

📊 How Does 65243 Compare?

Metric 65243 Clark Missouri
Home Value $380,975 $380,975 $254,657
5-Year CAGR 7.7% 7.7% 7.0%
Avg Rent $819 $819 -
Cap Rate 1.7% 1.7% -
💡 Why Invest in 65243? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 65243 (Clark, MO). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.7%
Low
5yr Growth
+7.7%
Strong

📊 Market Snapshot

Home Value $380,975
Monthly Rent $819
Price-to-Rent 38.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.6%
Cap Rate 1.7%
5-Year IRR 9.4%

📈 Home Appreciation

1-Year +10.7% ▲
3-Year CAGR +6.8% ▲
5-Year CAGR +7.7% ▲
10-Year CAGR +9.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). 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.

Vacancy
18.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.7%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 65243

Population: 3,085

💰 Median Household Income
$56,792
This area
$56,792
State
$62,768
USA
$74,580
🏠 Renter Occupied
10.7%
This area
10.7%
State
23.7%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-8.1%
USA
3.7%
🎓 College Educated
21.3%
This area
21.3%
State
8.6%
USA
33.7%
👤 Median Age
30.0 years
This area
30.0 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
18.0%
This area
18.0%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 96.3%
Other/Mixed 3.5%
Hispanic/Latino 1.3%
Black/African American 0.2%
👶 Under 18
35.1%
This area
35.1%
USA
22.0%
👴 65 and Over
11.2%
This area
11.2%
USA
17.3%
📊 Poverty Rate
18.8%
This area
18.8%
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 1,928 Off-Campus Students
C
Central Christian College of the Bible
183 students · 9.2 mi
C
Moberly Area Community College
4,997 students · 11.3 mi

Investor Insight: With 1,928 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the typical vacancy rate in Clark, MO?

Expect elevated vacancy in Clark, MO. Rents at $819/mo are absorbed by the tenant base without meaningful lag.

Are landlord laws favorable in Clark, MO?

For rental operators, Clark, MO rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

How much do tenants pay in Clark, MO?

Investors in Clark, MO typically see rents near $819/mo per month against $381K home values - a solid setup for rental cash flow.

Can I house hack in Clark, MO?

The house hack math a challenging in Clark, MO. Owner-occupant buyers benefit from the $819/mo rents and $381K home values.

Should investors consider Clark, MO?

Yes - Clark, MO a 3.0/5 investability score. With $381K home prices against $819/mo monthly rent, the market delivers a reasonable entry point for new investors.

You know 65243 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 65243 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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