Real Estate Investing in Hermitage, Missouri (65668)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65668 (Hermitage, 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: 27.1% of homes vacant — above national norms.
- Elevated poverty: 21.3% poverty rate — can affect rent collection.
- Higher unemployment: 7.1% unemployment — tenant risk signal.
- Lower household income: $35,641 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 Hermitage, MO (65668)?
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Market Analysis: 65668 Hermitage
This part of Hickory County is not an easy win. The 65668 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $214K asset, 65668 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 65668 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A notable renter share of 22% in 65668 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 65668 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Hermitage:
Property Strategy for 65668
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $157,184 | $1,260 | 5.8% | — | $78,592 |
| 3BR | $217,513 | $1,750 | 5.8% | +9.7% | $72,504 |
Market Trends
Home Value History (with trend line)
📊 How Does 65668 Compare?
| Metric | 65668 | Hermitage | Missouri |
|---|---|---|---|
| Home Value | $214,200 | $214,200 | $254,657 |
| 5-Year CAGR | 7.7% | 7.7% | 7.0% |
| Avg Rent | $1,134 | $1,134 | - |
| Cap Rate | 4.1% | 4.1% | - |
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 65668 (Hermitage, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $214,200 |
| Monthly Rent | $1,134 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +12.5% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (4.1%). 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 65668
Population: 1,692
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 65668
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
How strong are rents in Hermitage, MO?
Investors in Hermitage, MO typically see rents near $1,134/mo per month against $214K home values - a solid setup for rental cash flow.
Is the tenant base reliable in Hermitage, MO?
Tenant demand in Hermitage, MO is solid. The local workforce $1,134/mo rents across most rental classes.
What strategy should investors use in Hermitage, MO?
Investors usually favor careful cash-flow rentals with hands-on management in Hermitage, MO. With home values at $214K and rents near $1,134/mo, other strategies can work but produce stable rather than outsized returns.
Is Hermitage, MO a good market for FHA house hackers?
Hermitage, MO is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $214K price point reasonable to enter.
Is vacancy a concern in Hermitage, MO?
Rental vacancy in Hermitage, MO is elevated. Investors should budget normal turnover but not chronic empty units.
You know 65668 now. You don’t know where it ranks.
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