Real Estate Investing in Springfield, Missouri (65810)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 65810 (Springfield, MO)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Springfield, MO (65810)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 65810 Springfield
Looking more closely, ZIP 65810 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $358K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 65810 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Stepping back, 65810 offers a low basis, the region around Springfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 65810 ZIP's population of 22,109 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
looks to 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 Springfield:
Property Strategy for 65810
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $209,666 | $1,260 | 4.3% | +8.5% | $104,833 |
| 3BR | $285,551 | $1,720 | 4.3% | +7.2% | $95,184 |
| 4BR | $380,499 | $1,960 | 3.7% | +6.9% | $95,125 |
| 5BR | $483,514 | — | — | +6.8% | $96,703 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 65810 Compare?
| Metric | 65810 | Springfield | Springfield, MO | Missouri |
|---|---|---|---|---|
| Home Value | $357,716 | $116,020 | N/A | $254,657 |
| 5-Year CAGR | 5.1% | 6.0% | N/A | 7.0% |
| Avg Rent | $1,496 | $1,351 | N/A | - |
| Cap Rate | 3.3% | 4.2% | - | - |
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 65810 (Springfield, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $357,716 |
| Monthly Rent | $1,496 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | -16.1% ▼ |
| 3-Year CAGR | -1.7% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 65810
Population: 22,109
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 65810
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,635 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Springfield, MO?
In Springfield, MO the median home value sits at $358K. Against the broader MO market, that reads as reasonable for most investors.
How tight is the rental market in Springfield, MO?
Vacancy risk in Springfield, MO is elevated. That supports steady cash flow for typical rental holds.
Are tenants stable in Springfield, MO?
Springfield, MO draws a even-keeled base of working renters. Demand at the $1,496/mo rent level is reasonable for standard single-family and small multi rentals.
What is the typical rental rate in Springfield, MO?
Investors in Springfield, MO typically see rents near $1,496/mo per month against $358K home values - a solid setup for rental cash flow.
Is Springfield, MO good for landlords?
Springfield, MO falls under MO landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 65810 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 65810 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 65810 ranks in Springfield, MO
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