Real Estate Investing in Greenfield, Missouri (65661)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65661 (Greenfield, 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: 28.9% of homes vacant — above national norms.
- Lower household income: $38,235 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Greenfield, MO (65661)?
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Market Analysis: 65661 Greenfield
ZIP 65661 inside Dade looks affordable on the surface — median value of $172K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $172K asset, 65661 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 65661 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 65661 ZIP's population of 2,385 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Greenfield:
Property Strategy for 65661
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $120,878 | $890 | 5.3% | — | $60,439 |
| 3BR | $178,788 | $1,210 | 4.9% | +11.5% | $59,596 |
Market Trends
Home Value History (with trend line)
📊 How Does 65661 Compare?
| Metric | 65661 | Greenfield | Missouri |
|---|---|---|---|
| Home Value | $171,900 | $171,900 | $254,657 |
| 5-Year CAGR | 8.9% | 8.9% | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 3.6% | 3.6% | - |
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 65661 (Greenfield, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,900 |
| Monthly Rent | $801 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +7.3% ▲ |
| 5-Year CAGR | +8.9% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.6%). 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 65661
Population: 2,385
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 65661
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
Are rents high in Greenfield, MO?
Greenfield, MO rentals go for roughly $801/mo a month. That puts gross yield in solid territory relative to $172K acquisition costs.
How deep is the rental pool in Greenfield, MO?
The tenant pool in Greenfield, MO is solid, supported by local employment and population fundamentals. Rents of $801/mo are well-absorbed by the market.
Is vacancy a concern in Greenfield, MO?
Expect elevated vacancy in Greenfield, MO. Rents at $801/mo are absorbed by the tenant base without meaningful lag.
Is Greenfield, MO a good market for FHA house hackers?
Greenfield, MO offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $801/mo rent level.
Is Greenfield, MO a smart market for rental property?
With a 3.0/5 investability score, Greenfield, MO ranks as a solid market for rental property investors. Median prices of $172K and rents of $801/mo drive the underlying numbers.
You know 65661 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 65661 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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