Real Estate Investing in Waverly, Missouri (64096)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64096 (Waverly, MO)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.7% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Waverly, MO (64096)?
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Market Analysis: 64096 Waverly
Not every below-median market is a bargain. Waverly's 64096 ZIP records signals that favor experienced operators who can absorb the risk $194K pricing implies.
Stepping back, the numbers look inviting — $194K purchase price, 0.0% nominal cap — the work to hit that pro forma in 64096 is substantial and deserves full respect.
In the broader MO picture, 64096 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A significant renter share of 33% in 64096 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 64096 is an operator game, not a passive one. Turning to rents, entry prices of $194K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Waverly:
Market Trends
Home Value History (with trend line)
📊 How Does 64096 Compare?
| Metric | 64096 | Waverly | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $194,039 | $194,039 | N/A | $254,657 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.0% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64096 (Waverly, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $194,039 |
| Monthly Rent | $927 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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 64096
Population: 1,197
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 64096
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.
Frequently Asked Questions
How strong are rents in Waverly, MO?
Investors in Waverly, MO typically see rents near $927/mo per month against $194K home values - a solid setup for rental cash flow.
How should investors approach Waverly, MO?
Most investors in Waverly, MO run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
What is the rental occupancy rate in Waverly, MO?
Occupancy in Waverly, MO runs steady with elevated vacancy. Well-priced units at $927/mo lease on reasonable timelines.
Is Waverly, MO good for house hacking?
The house hack math a challenging in Waverly, MO. Owner-occupant buyers benefit from the $927/mo rents and $194K home values.
Does Waverly, MO make sense for an investment property?
With a 3.0/5 investability score, Waverly, MO ranks as a solid market for rental property investors. Median prices of $194K and rents of $927/mo drive the underlying numbers.
You know 64096 now. You don’t know where it ranks.
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How 64096 ranks in Kansas City, MO-KS
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