Real Estate Investing in Kansas City, Missouri (64132)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64132 (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: 21.9% of homes vacant — above national norms.
- Elevated poverty: 27.2% poverty rate — can affect rent collection.
What’s happening in Kansas City, MO (64132)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64132 Kansas City
The 64132 ZIP in Kansas City is not a pristine, turnkey story — it is a value-add map. Stock is older, prices near $116K are approachable, and upside sits in the rehab line.
ZIP 64132 favors investors with a contractor on speed dial. Meanwhile, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $1,236/mo average.
Statewide, MO value-add investors migrate toward ZIPs with 64132's profile — older stock, soft but real rent growth, and $116K pricing that keeps rehab math workable.
The 64132 ZIP's demographic trend has been one of stability with upside — population of 11,775, steady renter share, and an incoming cohort that is willing to pay for improved units.
The resilient opportunity in 64132 is buying the worst house on the block, fixing it, and renting it at the top of the local band. That is the strategy, repeated.
Here's what matters if you're considering buying a home in Kansas City:
Property Strategy for 64132
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $60,430 | $1,040 | 12.4% | +13.4% | $60,430 |
| 2BR | $89,602 | $1,180 | 9.5% | +17.1% | $44,801 |
| 3BR | $121,347 | $1,540 | 9.1% | +11.7% | $40,449 |
| 4BR | $145,328 | $1,830 | 9.1% | +12.6% | $36,332 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 64132 Compare?
| Metric | 64132 | Kansas City | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $116,091 | $268,620 | N/A | $254,657 |
| 5-Year CAGR | 7.1% | 4.9% | N/A | 7.0% |
| Avg Rent | $1,236 | $1,470 | N/A | - |
| Cap Rate | 8.3% | 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 64132 (Kansas City, MO). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 64132 (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 | $116,091 |
| Monthly Rent | $1,236 |
| Price-to-Rent | 7.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.8% |
| Cap Rate | 8.3% |
| 5-Year IRR | 15.4% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +15.9% ▲ |
🏠 Rent Trends
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (8.3%) 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 64132
Population: 11,775
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 64132
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CENTER SR. HIGH
HOGAN PREPARATORY ACADEMY
SOUTHEAST HIGH SCHOOL
ACADEMY FOR INTEGRATED ARTS
UNIVERSITY ACADEMY-MIDDLE
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 1,909 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Kansas City, MO a smart market for rental property?
Kansas City, MO rates 5.0/5 for investability. With median values at $116K and rents near $1,236/mo, the market offers reasonable fundamentals for rental investors.
What do landlords charge for rent in Kansas City, MO?
Rents in Kansas City, MO run near $1,236/mo. Compared with median home prices of $116K that produces solid gross yields for typical rentals.
Does house hacking work in Kansas City, MO?
Kansas City, MO offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,236/mo rent level.
Is BRRRR a fit for Kansas City, MO?
BRRRR viability in Kansas City, MO is a strong. Disciplined acquisition and rehab can hit the 75% LTV refinance target at market comps.
Do properties in Kansas City, MO satisfy the 1% rule?
With rents of $1,236/mo on $116K homes, Kansas City, MO close to the 1% rule for most properties. The actual rent-to-price ratio is 1.06%.
You know 64132 now. You don’t know where it ranks.
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How 64132 ranks in Kansas City, MO-KS
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