Real Estate Investing in Warsaw, Missouri (65355)

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

Benton County • Population: 11,029 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 65355 (Warsaw, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (50/100)

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

📈 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
1 flag
  • High vacancy: 43.5% 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 Warsaw, MO (65355)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $183,690
Avg Monthly Rent $837
1% Rule ✗ Does Not Meet
Median Income $47,795
% Renters 16.2%

Market Analysis: 65355 Warsaw

The 65355 ZIP in Warsaw, MO is a local-operator market. Outside capital chasing a $184K entry has to pair deep knowledge with the discount.

The 65355 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Statewide comparisons place 65355 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Demographically, 65355 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.

The 65355 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.

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 Warsaw:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
14/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Rising (+6.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $837/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 65355

Which property type performs best in this market?

Best for Cash Flow
2BR
4.2% cap rate
Best for Appreciation
4BR
+8.3% 5yr CAGR
Best Overall Value
3BR
$78,196/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $159,122 $930 4.2% +7.3% $79,561
3BR $234,589 $1,200 3.7% +7.8% $78,196
4BR $338,379 $1,450 3.1% +8.3% $84,595

Market Trends

Home Value History (with trend line)

$204K$176K$148K$121K$93K$65KJan 2012May 2019Jul 2026

📊 How Does 65355 Compare?

Metric 65355 Warsaw Missouri
Home Value $183,690 $183,690 $254,657
5-Year CAGR 1.9% 1.9% 7.0%
Avg Rent $837 $837 -
Cap Rate 3.6% 3.6% -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 65355 (Warsaw, MO). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 65355 (Warsaw, MO)?

~25 seconds · no account needed · your report is anonymous

Investability
Fair
Cap Rate
3.6%
Low
5yr Growth
+1.9%
Slow

📊 Market Snapshot

Home Value $183,690
Monthly Rent $837
Price-to-Rent 18.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 5.5%

📈 Home Appreciation

1-Year +6.0% ▲
3-Year CAGR +2.5% ▲
5-Year CAGR +1.9% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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
43.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.9%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 65355

Population: 11,029

💰 Median Household Income
$47,795
This area
$47,795
State
$62,768
USA
$74,580
🏠 Renter Occupied
16.2%
This area
16.2%
State
23.7%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-8.1%
USA
3.7%
🎓 College Educated
14.9%
This area
14.9%
State
8.6%
USA
33.7%
👤 Median Age
57.0 years
This area
57.0 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
43.5%
This area
43.5%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 93.0%
Other/Mixed 6.6%
Hispanic/Latino 3.3%
Black/African American 0.4%
👶 Under 18
14.5%
This area
14.5%
USA
22.0%
👴 65 and Over
35.3%
This area
35.3%
USA
17.3%
📊 Poverty Rate
14.3%
This area
14.3%
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

🎓 Schools in 65355

B+ Avg School Grade
3 Schools
13.2:1 Avg Class Size
$12,586 Avg Per Pupil

Schools in This ZIP Code

A Very Good

NORTH ELEMENTARY

📚 K – 05 Elementary
👥
336 Students
👨‍🏫
11.1:1 Class Size
💰
$12,586 Per Student
B+ Above Average

WARSAW HIGH SCHOOL

📚 09 – 12 High School
👥
396 Students
👨‍🏫
15.0:1 Class Size
💰
$12,586 Per Student
B+ Above Average

JOHN BOISE MIDDLE SCHOOL

📚 06 – 08 Middle
👥
293 Students
👨‍🏫
13.6:1 Class Size
💰
$12,586 Per Student
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 do landlords charge for rent in Warsaw, MO?

Expect rents around $837/mo per month in Warsaw, MO. With home values at $184K, the yield math works out to reasonable levels for rental investors.

Which real estate strategy fits Warsaw, MO?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Warsaw, MO. The numbers - $184K homes against $837/mo rents - support that play.

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

Warsaw, MO stands at an investability rating of 2.0/5, with median home values near $184K and average rents around $837/mo. That combination puts it in the notable tier for investor interest.

What is the average home sale price in Warsaw, MO?

Typical homes in Warsaw, MO go for around $184K. The 5-year CAGR of 0.0% predictable price movement.

Do rentals sit vacant long in Warsaw, MO?

Rental vacancy in Warsaw, MO is elevated. Investors should budget normal turnover but not chronic empty units.

You know 65355 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 65355 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.

Compare Plans
🤖

AI Market Advisor

Ask questions about investing in 65355 (Warsaw)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 65355 (Warsaw, MO).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.