Real Estate Investing in Licking, Missouri (65542)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65542 (Licking, MO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.3% 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 Licking, MO (65542)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 65542 Licking
ZIP 65542 inside Texas County looks affordable on the surface — median value of $193K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $801/mo on a $193K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 65542 sits below the stated 0.0% once reality is priced in.
In practical terms, 65542 offers a low basis, the region around Licking has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 65542 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
tilts toward 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.
Here's what matters if you're considering buying a home in Licking:
Property Strategy for 65542
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $115,833 | $890 | 5.5% | +8.0% | $57,917 |
| 3BR | $183,694 | $1,190 | 4.7% | +9.9% | $61,231 |
| 4BR | $264,013 | $1,490 | 4.1% | — | $66,003 |
Market Trends
Home Value History (with trend line)
📊 How Does 65542 Compare?
| Metric | 65542 | Licking | Missouri |
|---|---|---|---|
| Home Value | $192,535 | $192,535 | $254,657 |
| 5-Year CAGR | 7.6% | 7.6% | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65542 (Licking, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $192,535 |
| Monthly Rent | $801 |
| Price-to-Rent | 20.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.3%). 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 65542
Population: 6,921
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 65542
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
How expensive is real estate in Licking, MO?
The median home value in Licking, MO is roughly $193K. That puts it reasonable relative to the MO statewide average.
Is vacancy a concern in Licking, MO?
Rental vacancy in Licking, MO is elevated. Investors should budget normal turnover but not chronic empty units.
What is the typical renter like in Licking, MO?
Tenant quality in Licking, MO ranks as solid. Landlords generally report reliable occupancy at market rents of $801/mo.
Are landlord laws favorable in Licking, MO?
Licking, MO operates under MO law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
How does Licking, MO stack up for property investment?
Licking, MO clocks in at an investability rating of 3.0/5, with median home values near $193K and average rents around $801/mo. That combination puts it in the solid tier for investor interest.
You know 65542 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 65542 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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