Real Estate Investing in Mansfield, Missouri (65704)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65704 (Mansfield, 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.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mansfield, MO (65704)?
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Market Analysis: 65704 Mansfield
The 65704 ZIP in Mansfield, MO is a local-operator market. Outside capital chasing a $199K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $199K asset, 65704 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 65704 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 26% in 65704 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 65704 is an operator game, not a passive one. Stepping back, entry prices of $199K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Mansfield:
Market Trends
Home Value History (with trend line)
📊 How Does 65704 Compare?
| Metric | 65704 | Mansfield | Missouri |
|---|---|---|---|
| Home Value | $198,633 | $198,633 | $254,657 |
| 5-Year CAGR | 4.0% | 4.0% | 7.0% |
| Avg Rent | $801 | $801 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 65704 (Mansfield, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $198,633 |
| Monthly Rent | $801 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | -1.6% ▼ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (3.2%). 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 65704
Population: 4,587
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 65704
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 Mansfield, MO?
Mansfield, MO rentals go for roughly $801/mo a month. That puts gross yield in solid territory relative to $199K acquisition costs.
How deep is the rental pool in Mansfield, MO?
The tenant pool in Mansfield, MO is solid, supported by local employment and population fundamentals. Rents of $801/mo are well-absorbed by the market.
How strong is Mansfield, MO for real estate investors?
Mansfield, MO rates 3.0/5 for investability. With median values at $199K and rents near $801/mo, the market offers reasonable fundamentals for rental investors.
What approach is best for Mansfield, MO real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Mansfield, MO. The numbers - $199K homes against $801/mo rents - support that play.
What are vacancy rates like in Mansfield, MO?
Mansfield, MO sees elevated vacancy, which is reasonable relative to the broader MO rental market.
You know 65704 now. You don’t know where it ranks.
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