Real Estate Investing in Dunnegan, Missouri (65640)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65640 (Dunnegan, MO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 19.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 33.7 — 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 Dunnegan, MO (65640)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 65640 Dunnegan
Investors eyeing 65640 need to respect the fundamentals at play. Home values of $346K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 65640 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 65640 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 65640 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.
Strategically, 65640 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 Dunnegan:
Market Trends
Home Value History (with trend line)
📊 How Does 65640 Compare?
| Metric | 65640 | Dunnegan | Springfield, MO | Missouri |
|---|---|---|---|---|
| Home Value | $345,654 | $345,654 | N/A | $254,657 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.0% |
| Avg Rent | $855 | $855 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
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 65640 (Dunnegan, MO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 65640 (Dunnegan, MO)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $345,654 |
| Monthly Rent | $855 |
| Price-to-Rent | 33.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (1.9%). 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 65640
Population: 1,373
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Do rentals sit vacant long in Dunnegan, MO?
Dunnegan, MO vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the best play in Dunnegan, MO?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Dunnegan, MO. The numbers - $346K homes against $855/mo rents - support that play.
Are eviction rules reasonable in Dunnegan, MO?
Dunnegan, MO operates under MO law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Can owner-occupants cash flow in Dunnegan, MO?
House hacking in Dunnegan, MO is a challenging. With home values around $346K and rents at $855/mo, owner-occupants can offset a meaningful share of PITI.
What kind of market is Dunnegan, MO for investors?
Dunnegan, MO scores 3.0/5 for investability. Home values sit at $346K and rents near $855/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 65640 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 65640 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.
How 65640 ranks in Springfield, MO
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 65640 (Dunnegan)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 65640 (Dunnegan, MO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.