Real Estate Investing in Slater, Missouri (65349)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65349 (Slater, MO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.8% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Slater, MO (65349)?
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Market Analysis: 65349 Slater
ZIP 65349 in Slater, MO carries a resilient set of headwinds. Home values near $144K and rents of $801/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 65349 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 65349 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 65349 ZIP's population of 2,562 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategically, 65349 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Slater:
Market Trends
Home Value History (with trend line)
📊 How Does 65349 Compare?
| Metric | 65349 | Slater | Marshall, MO | Missouri |
|---|---|---|---|---|
| Home Value | $144,007 | $144,007 | N/A | $254,657 |
| 5-Year CAGR | 1.3% | 1.3% | N/A | 7.0% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65349 (Slater, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,007 |
| Monthly Rent | $801 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 5.6% |
📈 Home Appreciation
| 1-Year | +17.3% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +1.3% ▲ |
| 10-Year CAGR | +3.1% ▲ |
🏠 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 (4.3%). 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 65349
Population: 2,562
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 65349
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
Frequently Asked Questions
Which real estate strategy fits Slater, MO?
Slater, MO investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($144K prices, $801/mo rents) make it a reasonable choice.
What is the renter demographic in Slater, MO?
Tenant demand in Slater, MO is solid. The local workforce $801/mo rents across most rental classes.
Are rents high in Slater, MO?
Average rent in Slater, MO is approximately $801/mo per month. Against $144K home values that yields a reasonable rent-to-price ratio.
Do landlords face vacancy issues in Slater, MO?
Slater, MO vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Does house hacking work in Slater, MO?
For house hackers, Slater, MO is a challenging. The $801/mo rent on a unit helps defray the mortgage on a $144K property.
You know 65349 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 65349 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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