Real Estate Investing in Falcon, Missouri (65470)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65470 (Falcon, MO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 24.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.1 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Falcon, MO (65470)?
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Market Analysis: 65470 Falcon
The 65470 ZIP in Falcon, MO is a local-operator market. Outside capital chasing a $294K entry has to pair deep knowledge with the discount.
The 65470 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
On the rental side, 65470 offers a low basis, the region around Falcon has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
In practical terms, 792 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.
The right play in 65470 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Falcon:
Market Trends
Home Value History (with trend line)
📊 How Does 65470 Compare?
| Metric | 65470 | Falcon | Lebanon, MO | Missouri |
|---|---|---|---|---|
| Home Value | $294,177 | $294,177 | N/A | $254,657 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.0% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65470 (Falcon, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $294,177 |
| Monthly Rent | $873 |
| Price-to-Rent | 28.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 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 (2.3%). 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 65470
Population: 792
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 65470
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 strong is Falcon, MO for real estate investors?
Falcon, MO scores 3.0/5 for investability. Home values sit at $294K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How do home values compare in Falcon, MO?
In Falcon, MO the median home value sits at $294K. Against the broader MO market, that reads as reasonable for most investors.
What monthly rent should investors expect in Falcon, MO?
Average rent in Falcon, MO is approximately $873/mo per month. Against $294K home values that yields a reasonable rent-to-price ratio.
How tight is the rental market in Falcon, MO?
Falcon, MO carries elevated vacancy risk. Expect reliable absorption at market rents of $873/mo.
Does house hacking make sense in Falcon, MO?
House hacking in Falcon, MO is reasonable to execute. Prices around $294K and rents of $873/mo solid owner-occupant economics.
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