Real Estate Investing in Cape Fair, Missouri (65624)

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

Stone County • Population: 1,722 • Data updated: September 2026

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Should you buy in 65624 (Cape Fair, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

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

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 28.3% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 32.5 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Cape Fair, MO (65624)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $319,598
Avg Monthly Rent $819
1% Rule ✗ Does Not Meet
Median Income $65,179
% Renters 4.3%

Market Analysis: 65624 Cape Fair

ZIP 65624 inside Stone County looks affordable on the surface — median value of $320K — but the discount exists for reasons that a careful buyer should understand before committing.

For an experienced owner, 65624 can be a an appealing option for hunting ground — but the discount at $320K reflects genuine risk that outside investors often underestimate.

Statewide comparisons place 65624 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Resident income in 65624 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 65624 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 Cape Fair:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.9× the median income
Value Trend
Rising (+3.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $819/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 65624

Which property type performs best in this market?

Best for Cash Flow
2BR
2.8% cap rate
Best for Appreciation
3BR
+9.3% 5yr CAGR
Best Overall Value
3BR
$108,437/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $230,027 $910 2.8% $115,013
3BR $325,312 $1,240 2.7% +9.3% $108,437

Market Trends

Home Value History (with trend line)

$346K$302K$258K$214K$170K$126KMar 2009Nov 2017Jul 2026

📊 How Does 65624 Compare?

Metric 65624 Cape Fair Missouri
Home Value $319,598 $319,598 $254,657
5-Year CAGR 5.6% 5.6% 7.0%
Avg Rent $819 $819 -
Cap Rate 2.0% 2.0% -
💡 Why Invest in 65624? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 65624 (Cape Fair, MO). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.0%
Low
5yr Growth
+5.6%
Moderate

📊 Market Snapshot

Home Value $319,598
Monthly Rent $819
Price-to-Rent 32.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.1%
Cap Rate 2.0%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +3.8% ▲
3-Year CAGR +1.0% ▲
5-Year CAGR +5.6% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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.

Vacancy
28.3%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 65624

Population: 1,722

💰 Median Household Income
$65,179
This area
$65,179
State
$62,768
USA
$74,580
🏠 Renter Occupied
4.3%
This area
4.3%
State
23.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-8.1%
USA
3.7%
🎓 College Educated
19.2%
This area
19.2%
State
8.6%
USA
33.7%
👤 Median Age
59.3 years
This area
59.3 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
28.3%
This area
28.3%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 93.7%
Other/Mixed 6.2%
Hispanic/Latino 3.6%
👶 Under 18
16.8%
This area
16.8%
USA
22.0%
👴 65 and Over
31.5%
This area
31.5%
USA
17.3%
📊 Poverty Rate
15.7%
This area
15.7%
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

Frequently Asked Questions

How much should I expect to pay for a home in Cape Fair, MO?

Cape Fair, MO home values average about $320K. That price point suits investors targeting rentals with $819/mo in monthly income.

How much do tenants pay in Cape Fair, MO?

Investors in Cape Fair, MO typically see rents near $819/mo per month against $320K home values - a solid setup for rental cash flow.

Is Cape Fair, MO landlord-friendly?

The landlord environment in Cape Fair, MO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What kind of market is Cape Fair, MO for investors?

Cape Fair, MO rates 3.0/5 for investability. With median values at $320K and rents near $819/mo, the market offers reasonable fundamentals for rental investors.

What is the tenant pool like in Cape Fair, MO?

Working renters make up the core of the Cape Fair, MO tenant base. The pool is reasonable for investors targeting long-term holds.

You know 65624 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 65624 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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