Metropolitan Area

Cape Girardeau, MO

Missouri0
63
/100
Buy
#422 of 894 metros
Top 47% nationally for investing

Market Snapshot

$232,332
Median Home Price
9% below national median
$972/mo
Median Rent
30% below national median
5.02%
Rent-to-Price Ratio
Top 74% nationally
-$586
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$232,332
Down Payment (20%)$46,466
Loan Amount$185,866
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$972
Monthly P&I-$1,218
Est. Expenses (35%)-$340
Net Cash Flow-$586/mo
3.3%
Cap Rate (all cash)
-13.2%
Cash-on-Cash Return
5.02%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.3% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

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Score Breakdown

Overall Investment Score
63/100
63
Cash Flow(30%)
45/100

Based on 5.02% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
83/100

Based on 4.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
80/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (5.02%)
  • -Negative cash flow at typical financing (-$586/mo)
  • -Negative leverage (cap rate 3.3% < mortgage rate 6.9%)

Counties in Cape Girardeau, MO

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Big Spring, TX
Big Spring, TX
83$150,742$1,34010.67%Strong BuyView
Taylorville, IL
Taylorville, IL
83$135,319Est.Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Kingsville, TX
Kingsville, TX
83$150,547$1,25710.02%Strong BuyView
Current
Cape Girardeau, MO
63$232,332$9725.02%Buy

Rent vs buy in this metro

Rent vs buy in Cape Girardeau, MOMedian $236,877 · rent $908/mo

The Bottom Line

BuyCape Girardeau, MO offers solid investment potential with good cash flow or appreciation prospects.

The Cape Girardeau, MO metro area scores 63/100, ranking #422 of 894 US metros (top 47%). The 5.02% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-586/mo
Cap Rate
3.3%
Cash-on-Cash
-15.1%

Ready to Invest in Cape Girardeau, MO?

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