Is St. Joseph, MO a good place to invest in rental property?

St. Joseph, MO has a median modeled monthly cash flow of $-258 and a median cap rate of 4.7%, on a median sold price of $190,000. Prices changed +3.3% year over year.

What is the average cap rate in St. Joseph, MO?

The median cap rate across recently sold homes in St. Joseph, MO is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in St. Joseph, MO?

The median sold price in St. Joseph, MO is $190,000 (about $126 per square foot).

Investing in St. Joseph, MO Real Estate

A data-driven snapshot of the St. Joseph, 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.

$190,000Median sold price

$126Median $/sqft

4.7%Median cap rate

$-258Modeled cash flow / mo

+3.3%Appreciation YoY

5.9Months of supply

496Active listings

1,010Sold (last 12 mo)

What the St. Joseph numbers say

In St. Joseph, MO, the median home sold for $190,000 (about $126 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-258 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 5.9 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 St. Joseph cash-flowing listings

CashFlowRE ranks every for-sale home in St. Joseph, 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 St. Joseph deals, or browse the national market data.