Real Estate Investing in Steelville, Missouri (65565)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65565 (Steelville, 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: 21.6% 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 Steelville, MO (65565)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 65565 Steelville
The 65565 ZIP covers a section of Steelville that demands careful diligence. Prices near $210K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 65565 can be a a solid fit for hunting ground — but the discount at $210K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 65565 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 65565 ZIP's population of 4,685 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategically, 65565 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 Steelville:
Market Trends
Home Value History (with trend line)
📊 How Does 65565 Compare?
| Metric | 65565 | Steelville | Missouri |
|---|---|---|---|
| Home Value | $210,018 | $210,018 | $254,657 |
| 5-Year CAGR | 6.0% | 6.0% | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 3.0% | 3.0% | - |
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 65565 (Steelville, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $210,018 |
| Monthly Rent | $801 |
| Price-to-Rent | 21.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +15.5% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.0%). 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 65565
Population: 4,685
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 65565
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
What type of investing works in Steelville, MO?
A careful cash-flow rentals with hands-on management strategy Steelville, MO best. The market produces stable results for that approach at the $210K price point.
Are tenants stable in Steelville, MO?
Steelville, MO draws a reliable base of working renters. Demand at the $801/mo rent level is reasonable for standard single-family and small multi rentals.
How much is rent in Steelville, MO?
Steelville, MO rentals go for roughly $801/mo a month. That puts gross yield in solid territory relative to $210K acquisition costs.
How much should I expect to pay for a home in Steelville, MO?
Typical homes in Steelville, MO go for around $210K. The 5-year CAGR of 0.0% steady price movement.
What is the typical vacancy rate in Steelville, MO?
Occupancy in Steelville, MO runs consistent with elevated vacancy. Well-priced units at $801/mo lease on reasonable timelines.
You know 65565 now. You don’t know where it ranks.
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