Real Estate Investing in Dearborn, Missouri (64439)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64439 (Dearborn, 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.
- 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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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.
Here's what matters if you're considering buying a home in Dearborn:
Market Trends
Home Value History (with trend line)
📊 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% | - | - |
Similar ZIPs Within 25 Miles
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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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📊 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 |
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.
Demographics in 64439
Population: 1,535
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
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.
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.
You know 64439 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64439 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 64439 ranks in Kansas City, MO-KS
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