Real Estate Investing in Waynesville, Missouri (65583)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65583 (Waynesville, 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: 13.2% of homes vacant — above national norms.
What’s happening in Waynesville, MO (65583)?
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Market Analysis: 65583 Waynesville
The 65583 ZIP in Waynesville, MO is a local-operator market. Outside capital chasing a $249K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 65583 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader MO picture, 65583 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 65583 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 65583 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.
Here's what matters if you're considering buying a home in Waynesville:
Property Strategy for 65583
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $216,998 | $1,460 | 4.8% | +10.3% | $72,333 |
| 4BR | $273,318 | $1,680 | 4.4% | +8.1% | $68,330 |
| 5BR | $323,316 | — | — | +8.1% | $64,663 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 65583 Compare?
| Metric | 65583 | Waynesville | Fort Leonard Wood, MO | Missouri |
|---|---|---|---|---|
| Home Value | $248,956 | $248,956 | N/A | $254,657 |
| 5-Year CAGR | 7.4% | 7.4% | N/A | 7.0% |
| Avg Rent | $1,277 | $1,277 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 65583 (Waynesville, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $248,956 |
| Monthly Rent | $1,277 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 65583
Population: 14,462
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 65583
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
What is the average monthly rent in Waynesville, MO?
The typical rental in Waynesville, MO commands about $1,277/mo monthly. That rent profile steady cash flow against the $249K purchase basis.
Is house hacking profitable in Waynesville, MO?
The a challenging house-hack environment in Waynesville, MO reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the smart move for investors in Waynesville, MO?
Investors usually favor careful cash-flow rentals with hands-on management in Waynesville, MO. With home values at $249K and rents near $1,277/mo, other strategies can work but produce steady rather than outsized returns.
Is Waynesville, MO a friendly market for rental owners?
Waynesville, MO operates under MO law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
How strong is tenant demand in Waynesville, MO?
Expect a solid tenant pool in Waynesville, MO. The rental market absorbs $1,277/mo rents without meaningful friction.
You know 65583 now. You don’t know where it ranks.
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How 65583 ranks in Fort Leonard Wood, MO
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