Real Estate Investing in Dearborn, Missouri (64439)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Platte County • Population: 1,535 • Data updated: September 2026

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Should you buy in 64439 (Dearborn, MO)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 10.0% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 27.1 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Dearborn, MO (64439)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $338,909
Avg Monthly Rent $1,044
1% Rule ✗ Does Not Meet
Median Income $76,985
% Renters 16.3%

Market Analysis: 64439 Dearborn

The 64439 ZIP covers a section of Dearborn that demands careful diligence. Prices near $339K look accessible, but the work to make a deal cash flow is real.

The investment case in 64439 is impressive only for operators who understand what they are buying. A $339K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

In the broader MO picture, 64439 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

From a cash-flow lens, 1,535 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Dearborn's stable or hybrid ZIPs before stepping into 64439. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Dearborn:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.4× the median income
Value Trend
Rising (+8.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,044/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Kansas City, MO-KS Metro Area
Even conditions for buyers and sellers
30 days
Average time to sell
Fast
12.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Kansas City, MO-KS metro data

Market Trends

Home Value History (with trend line)

$355K$310K$265K$220K$175K$130KJul 2006Jul 2016Jul 2026

📊 How Does 64439 Compare?

Metric 64439 Dearborn Kansas City, MO-KS Missouri
Home Value $338,909 $338,909 N/A $254,657
5-Year CAGR 5.1% 5.1% N/A 7.0%
Avg Rent $1,044 $1,044 N/A -
Cap Rate 2.4% 2.4% - -
💡 Why Invest in 64439? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 64439 (Dearborn, MO). Anonymous, moderated, never written by AI.

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Property managers serving Platte County

Manage rentals here? List your business →

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

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

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

Unclaimed — is this your business? Claim it free

The Yarco Companies provide property management services in Kansas City, Missouri. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.4%
Low
5yr Growth
+5.1%
Moderate

📊 Market Snapshot

Home Value $338,909
Monthly Rent $1,044
Price-to-Rent 27.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.7%
Cap Rate 2.4%
5-Year IRR 7.5%

📈 Home Appreciation

1-Year +8.1% ▲
3-Year CAGR +4.9% ▲
5-Year CAGR +5.1% ▲
10-Year CAGR +6.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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.

Vacancy
10.0%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 64439

Population: 1,535

💰 Median Household Income
$76,985
This area
$76,985
State
$62,768
USA
$74,580
🏠 Renter Occupied
16.3%
This area
16.3%
State
23.7%
USA
34.0%
💼 Unemployment Rate
0.3%
This area
0.3%
State
-8.1%
USA
3.7%
🎓 College Educated
30.1%
This area
30.1%
State
8.6%
USA
33.7%
👤 Median Age
38.6 years
This area
38.6 years
State
20.4 years
USA
38.9 years
🏚️ Vacancy Rate
10.0%
This area
10.0%
State
18.8%
USA
10.5%
👥 Population by Ethnicity
White 97.8%
Other/Mixed 2.2%
Hispanic/Latino 0.8%
👶 Under 18
33.4%
This area
33.4%
USA
22.0%
👴 65 and Over
16.9%
This area
16.9%
USA
17.3%
📊 Poverty Rate
4.2%
This area
4.2%
USA
11.5%

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 64439

B Avg School Grade
3 Schools
12.1:1 Avg Class Size
$13,339 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

NORTH PLATTE HIGH

📚 09 – 12 High School
👥
199 Students
👨‍🏫
11.6:1 Class Size
💰
$13,339 Per Student
B Good

NORTH PLATTE JR. HIGH

📚 06 – 08 Middle
👥
138 Students
👨‍🏫
12.6:1 Class Size
💰
$13,339 Per Student
C Below Average

PLATTE VALLEY COOP.

📚 K – 12 K-12 Limited Data
💰
$13,339 Per Student
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.

Frequently Asked Questions

What do rentals go for in Dearborn, MO?

Rents in Dearborn, MO run near $1,044/mo. Compared with median home prices of $339K that produces solid gross yields for typical rentals.

Where do home prices stand in Dearborn, MO?

Expect median prices around $339K in Dearborn, MO. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.

Should investors consider Dearborn, MO?

Yes - Dearborn, MO a 3.0/5 investability score. With $339K home prices against $1,044/mo monthly rent, the market delivers a reasonable entry point for new investors.

What strategy should investors use in Dearborn, MO?

Most investors in Dearborn, MO run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Are there empty rentals in Dearborn, MO?

Vacancy risk in Dearborn, MO is elevated. That supports reliable cash flow for typical rental holds.

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How 64439 ranks in Kansas City, MO-KS

Every ZIP in this metro, ranked. Free.

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