Real Estate Investing in Independence, Missouri (64057)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64057 (Independence, MO)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
What’s happening in Independence, MO (64057)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64057 Independence
ZIP 64057 inside Jackson County looks affordable on the surface — median value of $300K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 64057 can be a an appealing option for hunting ground — but the discount at $300K reflects genuine risk that outside investors often underestimate.
In the broader MO picture, 64057 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A notable renter share of 40% in 64057 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 64057 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Independence:
Property Strategy for 64057
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $215,218 | $1,300 | 4.3% | +6.4% | $107,609 |
| 3BR | $261,375 | $1,690 | 4.7% | +6.6% | $87,125 |
| 4BR | $343,564 | $2,010 | 4.2% | +5.4% | $85,891 |
| 5BR | $425,405 | — | — | +5.3% | $85,081 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 64057 Compare?
| Metric | 64057 | Independence | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $299,733 | $214,492 | N/A | $254,657 |
| 5-Year CAGR | 4.8% | 6.2% | N/A | 7.0% |
| Avg Rent | $1,442 | $1,348 | N/A | - |
| Cap Rate | 3.8% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64057 (Independence, MO). Anonymous, moderated, never written by AI.
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Property managers serving Jackson County
Manage rentals here? List your business →Alpine Property Management offers residential property management services in the Kansas City metro area, including Kansas City, Independence, Lees Summit, Blue Springs, Liberty, Gladstone, Overland P summary from their website
Meridian Realty & Property Management has been an innovative leader in the property management industry since 2013, managing 700+ single-family homes, multi-family units, and apartment complexes in Ka summary from their website
North Terrace Property Management offers premier Kansas City rentals, including elegant 2-bedroom lofts and spacious 3-bedroom townhomes in Belton, MO, and renovated 1-bedroom apartments in Midtown Ka summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $299,733 |
| Monthly Rent | $1,442 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 64057
Population: 14,509
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 64057
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BUCKNER ELEM.
RANDALL ELEM.
SPRING BRANCH ELEM.
BLUE HILLS ELEM.
CLER-MONT ELEM.
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Does Independence, MO make sense for an investment property?
Independence, MO posts an investability rating of 3.0/5, with median home values near $300K and average rents around $1,442/mo. That combination puts it in the solid tier for investor interest.
What are rental rates like in Independence, MO?
Independence, MO rentals go for roughly $1,442/mo a month. That puts gross yield in solid territory relative to $300K acquisition costs.
What is the typical vacancy rate in Independence, MO?
Rental vacancy in Independence, MO is elevated. Investors should budget normal turnover but not chronic empty units.
Can I house hack in Independence, MO?
The house hack math a challenging in Independence, MO. Owner-occupant buyers benefit from the $1,442/mo rents and $300K home values.
How do experienced investors play Independence, MO?
Independence, MO investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($300K prices, $1,442/mo rents) make it a reasonable choice.
You know 64057 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64057 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 64057 ranks in Kansas City, MO-KS
Every ZIP in this metro, ranked. Free.
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