Is New Melle, MO a good place to invest in rental property?

New Melle, MO has a median modeled monthly cash flow of $-5,215 and a median cap rate of 0.4%, on a median sold price of $400,000. Prices changed -4.0% year over year.

What is the average cap rate in New Melle, MO?

The median cap rate across recently sold homes in New Melle, MO is 0.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Melle, MO?

The median sold price in New Melle, MO is $400,000 (about $206 per square foot).

Investing in New Melle, MO Real Estate

A data-driven snapshot of the New Melle, MO rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$400,000Median sold price

$206Median $/sqft

0.5%Median cap rate

$-5,215Modeled cash flow / mo

-4.0%Appreciation YoY

4.0Months of supply

31Active listings

94Sold (last 12 mo)

What the New Melle numbers say

In New Melle, MO, the median home sold for $400,000 (about $206 per square foot), and the typical deal models out to a 0.5% cap rate with a median $-5,215 of monthly cash flow. Sold prices moved -4.0% over the past year. Inventory sits at about 4.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Missouri markets to compare

See New Melle cash-flowing listings

CashFlowRE ranks every for-sale home in New Melle, MO by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Melle deals, or browse the national market data.