Real Estate Investing in Kansas City, Missouri (64117)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64117 (Kansas 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.
- Elevated vacancy: 8.4% vacancy may signal weakening demand.
What’s happening in Kansas City, MO (64117)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64117 Kansas City
The 64117 ZIP covers a section of Kansas City that demands careful diligence. Prices near $216K look accessible, but the work to make a deal cash flow is real.
Looking more closely, the numbers look inviting — $216K purchase price, 0.0% nominal cap — the work to hit that pro forma in 64117 is substantial and deserves full respect.
In the broader MO picture, 64117 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 64117 ZIP's population of 14,800 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
Distressed ZIPs reward experience. durable returns are possible in 64117, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Kansas City:
Property Strategy for 64117
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $170,914 | $1,180 | 5.0% | +9.1% | $85,457 |
| 3BR | $216,446 | $1,540 | 5.1% | +8.3% | $72,149 |
| 4BR | $242,268 | $1,830 | 5.4% | +8.1% | $60,567 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 64117 Compare?
| Metric | 64117 | Kansas City | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $216,282 | $268,620 | N/A | $254,657 |
| 5-Year CAGR | 6.3% | 4.9% | N/A | 7.0% |
| Avg Rent | $1,294 | $1,470 | N/A | - |
| Cap Rate | 4.7% | 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 64117 (Kansas City, MO). Anonymous, moderated, never written by AI.
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Property managers serving Clay 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
Voepel Property Management is now Auben Realty, a full-service real estate investment brokerage based out of Augusta, GA, serving property owners, residents, and investors in the Kansas City area. 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 | $216,282 |
| Monthly Rent | $1,294 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | -6.8% ▼ |
| 3-Year CAGR | +0.2% ▲ |
| 5-Year CAGR | +2.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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 64117
Population: 14,800
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 64117
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
FRONTIER SCHL OF INNOVATION-M
FRONTIER SCHOOL OF INNOVATION
FRONTIER STEM HIGH SCHOOL
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
Investor Insight: With 1,169 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Kansas City, MO?
Rents in Kansas City, MO run near $1,294/mo. Compared with median home prices of $216K that produces solid gross yields for typical rentals.
What is it like being a landlord in Kansas City, MO?
The landlord environment in Kansas City, MO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What real estate strategy is ideal for Kansas City, MO?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Kansas City, MO. The numbers - $216K homes against $1,294/mo rents - support that play.
What is the typical renter like in Kansas City, MO?
Tenant demand in Kansas City, MO is solid. The local workforce $1,294/mo rents across most rental classes.
What kind of vacancy should I budget for in Kansas City, MO?
Rental vacancy in Kansas City, MO is elevated. Investors should budget normal turnover but not chronic empty units.
You know 64117 now. You don’t know where it ranks.
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How 64117 ranks in Kansas City, MO-KS
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