Real Estate Investing in Kansas City, Missouri (64124)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64124 (Kansas City, 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: 18.8% of homes vacant — above national norms.
- Elevated poverty: 27.3% poverty rate — can affect rent collection.
- Lower household income: $39,885 median — tenant affordability is tighter.
What’s happening in Kansas City, MO (64124)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64124 Kansas City
Meanwhile, ZIP 64124 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $126K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 64124 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader MO picture, 64124 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 64124 ZIP's population of 10,924 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Strategy in 64124 is an operator game, not a passive one. In practical terms, entry prices of $126K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Kansas City:
Property Strategy for 64124
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $88,854 | $1,060 | 8.6% | +10.9% | $44,427 |
| 3BR | $122,456 | $1,380 | 8.1% | +9.1% | $40,819 |
| 4BR | $158,411 | $1,640 | 7.5% | +8.5% | $39,603 |
| 5BR | $216,923 | — | — | +7.0% | $43,385 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 64124 Compare?
| Metric | 64124 | Kansas City | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $125,821 | $268,620 | N/A | $254,657 |
| 5-Year CAGR | 5.5% | 4.9% | N/A | 7.0% |
| Avg Rent | $1,219 | $1,470 | N/A | - |
| Cap Rate | 7.6% | 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 64124 (Kansas City, MO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 64124 (Kansas City, MO)?
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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 | $125,821 |
| Monthly Rent | $1,219 |
| Price-to-Rent | 8.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.6% |
| Cap Rate | 7.6% |
| 5-Year IRR | 13.1% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +15.2% ▲ |
🏠 Rent Trends
| 1-Year | +22.5% ▲ |
| 3-Year CAGR | +10.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 64124
Population: 10,924
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 64124
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CENTRAL MIDDLE SCHOOL
GLADSTONE ELEMENTARY
PHILLIS WHEATLEY ELEMENTARY
TRAILWOODS ELEMENTARY
WENDELL PHILLIPS ELEMENTARY
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
Is Kansas City, MO landlord-friendly?
Landlord-friendliness in Kansas City, MO is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the smart move for investors in Kansas City, MO?
A careful cash-flow rentals with hands-on management strategy Kansas City, MO best. The market produces reliable results for that approach at the $126K price point.
How strong is the working-renter base in Kansas City, MO?
Kansas City, MO offers a predictable renter base at the $1,219/mo rent level. Tenant turnover is reasonable for well-managed properties.
Can owner-occupants cash flow in Kansas City, MO?
The house hack math a challenging in Kansas City, MO. Owner-occupant buyers benefit from the $1,219/mo rents and $126K home values.
Where do home prices stand in Kansas City, MO?
Typical homes in Kansas City, MO go for around $126K. The 5-year CAGR of 0.0% even-keeled price movement.
You know 64124 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64124 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 64124 ranks in Kansas City, MO-KS
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