Real Estate Investing in Brookfield, Missouri (64628)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64628 (Brookfield, MO)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 17.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Brookfield, MO (64628)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64628 Brookfield
ZIP 64628 inside Linn County looks affordable on the surface — median value of $137K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $137K asset, 64628 is the wrong submarket. If the plan prices in friction, the yield can still work.
On the rental side, 64628 offers a low basis, the region around Brookfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 64628 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Brookfield:
Property Strategy for 64628
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $70,867 | $900 | 9.1% | +8.2% | $35,434 |
| 3BR | $142,181 | $1,080 | 5.5% | +8.8% | $47,394 |
| 4BR | $158,628 | $1,200 | 5.4% | +8.7% | $39,657 |
Market Trends
Home Value History (with trend line)
📊 How Does 64628 Compare?
| Metric | 64628 | Brookfield | Missouri |
|---|---|---|---|
| Home Value | $137,371 | $137,371 | $254,657 |
| 5-Year CAGR | 9.4% | 9.4% | 7.0% |
| Avg Rent | $810 | $810 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64628 (Brookfield, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $137,371 |
| Monthly Rent | $810 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 14.0% |
📈 Home Appreciation
| 1-Year | +14.8% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | +9.4% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 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 (4.6%). 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 64628
Population: 5,602
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 64628
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 price range are homes in Brookfield, MO?
Median home price in Brookfield, MO is near $137K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
Do landlords face vacancy issues in Brookfield, MO?
Rental vacancy in Brookfield, MO is elevated. Investors should budget normal turnover but not chronic empty units.
Which real estate strategy fits Brookfield, MO?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Brookfield, MO. The numbers - $137K homes against $810/mo rents - support that play.
Is Brookfield, MO a friendly market for rental owners?
Brookfield, MO falls under MO landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How strong is the working-renter base in Brookfield, MO?
Tenant demand in Brookfield, MO is solid. The local workforce $810/mo rents across most rental classes.
You know 64628 now. You don’t know where it ranks.
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