Real Estate Investing in Gladstone, Missouri (64118)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64118 (Gladstone, 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.
What’s happening in Gladstone, MO (64118)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64118 Gladstone
Not every below-median market is a bargain. Gladstone's 64118 ZIP comes in at signals that favor experienced operators who can absorb the risk $273K pricing implies.
The investment case in 64118 is impressive only for operators who understand what they are buying. A $273K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 64118's metrics run below Clay County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 64118 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 64118 is an operator game, not a passive one. From a cash-flow lens, entry prices of $273K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Gladstone:
Property Strategy for 64118
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $205,023 | $1,330 | 4.7% | +8.9% | $102,512 |
| 3BR | $255,306 | $1,730 | 4.9% | +7.7% | $85,102 |
| 4BR | $330,520 | $2,060 | 4.5% | +6.7% | $82,630 |
| 5BR | $371,519 | — | — | +6.6% | $74,304 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 64118 Compare?
| Metric | 64118 | Gladstone | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $272,686 | $272,686 | N/A | $254,657 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.0% |
| Avg Rent | $1,285 | $1,285 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
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 64118 (Gladstone, MO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 64118 (Gladstone, MO)?
~25 seconds · no account needed · your report is anonymous
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 | $272,686 |
| Monthly Rent | $1,285 |
| Price-to-Rent | 17.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | -8.1% ▼ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +3.4% ▲ |
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 64118
Population: 42,213
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 64118
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the average home sale price in Gladstone, MO?
Gladstone, MO median home values land near $273K. That is reasonable territory for investors looking at $1,285/mo-per-month rentals.
How strong is tenant demand in Gladstone, MO?
Expect a solid tenant pool in Gladstone, MO. The rental market absorbs $1,285/mo rents without meaningful friction.
What kind of market is Gladstone, MO for investors?
Gladstone, MO rates 3.0/5 for investability. With median values at $273K and rents near $1,285/mo, the market offers reasonable fundamentals for rental investors.
How quickly do rentals get leased in Gladstone, MO?
Gladstone, MO sees elevated vacancy, which is reasonable relative to the broader MO rental market.
Is Gladstone, MO landlord-friendly?
Landlord-friendliness in Gladstone, MO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 64118 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64118 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 64118 ranks in Kansas City, MO-KS
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 64118 (Gladstone)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 64118 (Gladstone, MO).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.