Real Estate Investing in Lincoln, Missouri (65338)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65338 (Lincoln, 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: 35.1% 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 Lincoln, MO (65338)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 65338 Lincoln
The 65338 ZIP covers a section of Lincoln that demands careful diligence. Prices near $204K look accessible, but the work to make a deal cash flow is real.
Rent of $900/mo on a $204K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 65338 sits below the stated 0.0% once reality is priced in.
Regionally, 65338 sits on the difficult end of the MO spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 65338 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. robust returns are possible in 65338, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lincoln:
Market Trends
Home Value History (with trend line)
📊 How Does 65338 Compare?
| Metric | 65338 | Lincoln | Missouri |
|---|---|---|---|
| Home Value | $203,641 | $203,641 | $254,657 |
| 5-Year CAGR | 2.8% | 2.8% | 7.0% |
| Avg Rent | $900 | $900 | - |
| Cap Rate | 3.5% | 3.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65338 (Lincoln, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,641 |
| Monthly Rent | $900 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +10.6% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.5%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 65338
Population: 3,403
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 65338
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
How tight is the rental market in Lincoln, MO?
Vacancy risk in Lincoln, MO is elevated. That supports predictable cash flow for typical rental holds.
Is MO a landlord-friendly state?
Landlord-friendliness in Lincoln, MO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is it easy to find good tenants in Lincoln, MO?
Tenant demand in Lincoln, MO is solid. The local workforce $900/mo rents across most rental classes.
How much is rent in Lincoln, MO?
Rents in Lincoln, MO run near $900/mo. Compared with median home prices of $204K that produces solid gross yields for typical rentals.
Where do home prices stand in Lincoln, MO?
Lincoln, MO median home values land near $204K. That is reasonable territory for investors looking at $900/mo-per-month rentals.
You know 65338 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 65338 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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