Real Estate Investing in Grovespring, Missouri (65662)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65662 (Grovespring, MO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.2 — 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 Grovespring, MO (65662)?
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Market Analysis: 65662 Grovespring
Investors eyeing 65662 need to respect the fundamentals at play. Home values of $247K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 65662 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Grovespring have seen price recovery that 65662 has not matched. Wright County data supports the view that the spread is structural rather than temporary.
Demographically, 65662 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 65662 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 Grovespring:
Market Trends
Home Value History (with trend line)
📊 How Does 65662 Compare?
| Metric | 65662 | Grovespring | Lebanon, MO | Missouri |
|---|---|---|---|---|
| Home Value | $247,291 | $247,291 | N/A | $254,657 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.0% |
| Avg Rent | $819 | $819 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65662 (Grovespring, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $247,291 |
| Monthly Rent | $819 |
| Price-to-Rent | 25.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 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 (2.6%). 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 65662
Population: 1,167
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 65662
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
Does house hacking work in Grovespring, MO?
House hacking works a challenging in Grovespring, MO. Rents of $819/mo against $247K acquisition make the strategy solid for owner-occupants.
What is the tenant pool like in Grovespring, MO?
The tenant pool in Grovespring, MO is solid, supported by local employment and population fundamentals. Rents of $819/mo are well-absorbed by the market.
How much rent can I charge in Grovespring, MO?
Rents in Grovespring, MO run near $819/mo. Compared with median home prices of $247K that produces solid gross yields for typical rentals.
What investment strategy works best in Grovespring, MO?
In Grovespring, MO the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $247K prices and $819/mo rents suits that approach.
How do home values compare in Grovespring, MO?
Homes in Grovespring, MO typically sell near $247K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
You know 65662 now. You don’t know where it ranks.
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How 65662 ranks in Lebanon, MO
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