ZIP CODE 65203 // COLUMBIA, MO // DATA AS OF 2026-09-30
Columbia, MO (65203) Rental Property Cap Rate & Cash Flow Report
Located in Boone County (Columbia, MO), Zip Code 65203 ranks #369 of 500 within this selected sample (26th percentile) with a Zillow ZHVI typical home-value index of $371,281 (+2.1% YoY) and a ZORI observed market rent of $1,374/mo (+6.0% YoY). Requires at least 67.3% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,109/mo
Annual: -$13,307/yr
Modeled Cap Rate
2.48%
NOI: $9,222/yr
Cash-on-Cash Return
-15.58%
Cash Needed: $85,395
1% Rule Ratio
0.37%
Gross Yield: 4.44%
Break-Even Rent
$2,649/mo
State Tax: 0.88%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 65203 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (MO Avg 0.88%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,877/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$606/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (65203)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $292,660 | $956/mo | 3.92% |
| 2022 | $330,206 | $1,078/mo | 3.92% |
| 2023 | $341,524 | $1,157/mo | 4.07% |
| 2024 | $351,066 | $1,241/mo | 4.24% |
| 2025 | $363,693 | $1,296/mo | 4.28% |
| 2026 | $371,281 | $1,374/mo | 4.44% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 63376 Saint Peters, MO | $328,221 | $1,723/mo | 4.10% | -$538/mo |
| 65807 Springfield, MO | $232,623 | $1,233/mo | 4.15% | -$371/mo |
| 95630 Folsom, CA | $754,973 | $2,669/mo | 2.48% | -$2,257/mo |
| 94541 Hayward, CA | $759,862 | $2,691/mo | 2.49% | -$2,267/mo |
| 90650 Norwalk, CA | $753,843 | $2,664/mo | 2.48% | -$2,254/mo |
| 91331 Los Angeles, CA | $727,329 | $2,569/mo | 2.48% | -$2,176/mo |