Real Estate Investing in Bates City, Missouri (64074)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64074 (Bates City, MO)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bates City, MO (64074)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64074 Bates City
Not every below-median market is a bargain. Bates City's 64074 ZIP clocks in at signals that favor experienced operators who can absorb the risk $322K pricing implies.
The investment case in 64074 is durable only for operators who understand what they are buying. A $322K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Bates City have seen price recovery that 64074 has not matched. Lafayette County data supports the view that the spread is structural rather than temporary.
Resident income in 64074 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Bates City:
Market Trends
Home Value History (with trend line)
📊 How Does 64074 Compare?
| Metric | 64074 | Bates City | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $321,884 | $351,603 | N/A | $254,657 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.0% |
| Avg Rent | $1,773 | $1,350 | N/A | - |
| Cap Rate | 4.3% | 3.1% | - | - |
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 64074 (Bates City, MO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 64074 (Bates City, MO)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $321,884 |
| Monthly Rent | $1,773 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 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 (4.3%). 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 64074
Population: 498
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How tight is the rental market in Bates City, MO?
Bates City, MO sees elevated vacancy, which is reasonable relative to the broader MO rental market.
What approach is best for Bates City, MO real estate?
Bates City, MO investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($322K prices, $1,773/mo rents) make it a reasonable choice.
Is Bates City, MO a good market for buy-and-hold investors?
Bates City, MO rates 3.0/5 for investability. With median values at $322K and rents near $1,773/mo, the market offers reasonable fundamentals for rental investors.
What is the renter demographic in Bates City, MO?
Tenant demand in Bates City, MO is solid. The local workforce $1,773/mo rents across most rental classes.
What do rentals go for in Bates City, MO?
Bates City, MO rentals go for roughly $1,773/mo a month. That puts gross yield in solid territory relative to $322K acquisition costs.
You know 64074 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64074 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 64074 ranks in Kansas City, MO-KS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 64074 (Bates City)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 64074 (Bates City, MO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.