Real Estate Investing in Kansas City, Missouri (64128)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64128 (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 balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- High vacancy: 22.2% of homes vacant — above national norms.
- Elevated poverty: 27.2% poverty rate — can affect rent collection.
- Lower household income: $31,701 median — tenant affordability is tighter.
What’s happening in Kansas City, MO (64128)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64128 Kansas City
Investors scanning Kansas City, MO for forced-equity plays often land on the 64128 ZIP. A worth a close look for entry near $95K pairs with rents of $1,199/mo to widen the renovation window.
Cap rate math of 0.0% understates the return here. Post-rehab, stabilized yields climb, and the 64128 ZIP's older housing stock gives operators the opportunity set to execute.
Statewide, MO value-add investors migrate toward ZIPs with 64128's profile — older stock, soft but real rent growth, and $95K pricing that keeps rehab math workable.
Residents in 64128 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
ZIP 64128 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Kansas City:
Property Strategy for 64128
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $55,429 | $950 | 12.3% | +14.5% | $55,429 |
| 2BR | $74,934 | $1,080 | 10.4% | +15.0% | $37,467 |
| 3BR | $94,570 | $1,410 | 10.7% | +10.2% | $31,523 |
| 4BR | $116,876 | $1,670 | 10.3% | +10.0% | $29,219 |
| 5BR | $140,292 | — | — | +8.9% | $28,058 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 64128 Compare?
| Metric | 64128 | Kansas City | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $94,535 | $268,620 | N/A | $254,657 |
| 5-Year CAGR | 7.4% | 4.9% | N/A | 7.0% |
| Avg Rent | $1,199 | $1,470 | N/A | - |
| Cap Rate | 9.9% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64128 (Kansas City, 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 | $94,535 |
| Monthly Rent | $1,199 |
| Price-to-Rent | 6.6:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.2% |
| Cap Rate | 9.9% |
| 5-Year IRR | 17.3% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +16.2% ▲ |
🏠 Rent Trends
| 1-Year | -5.8% ▼ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (9.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 64128
Population: 12,445
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 64128
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
FAXON ELEMENTARY
GARFIELD ELEMENTARY
GEORGE MELCHER ELEMENTARY
PASEO ACAD. OF PERFORMING ARTS
PHILLIS WHEATLEY ELEMENTARY
About Repit School Scores
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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
Does buy-rehab-rent-refinance work in Kansas City, MO?
Investors running BRRRR in Kansas City, MO see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
Does Kansas City, MO meet the 1% rule for rental property?
With rents of $1,199/mo on $95K homes, Kansas City, MO close to the 1% rule for most properties. The actual rent-to-price ratio is 1.27%.
How expensive is real estate in Kansas City, MO?
Median home price in Kansas City, MO is near $95K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Can owner-occupants cash flow in Kansas City, MO?
Kansas City, MO is a an attractive market for house hackers. FHA or conventional owner-occupant buyers find the $95K price point reasonable to enter.
How do experienced investors play Kansas City, MO?
Investors who focus on value-add and BRRRR deals typically do well in Kansas City, MO. The numbers - $95K homes against $1,199/mo rents - support that play.
You know 64128 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64128 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 64128 ranks in Kansas City, MO-KS
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