Real Estate Investing in Drexel, Missouri (64742)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64742 (Drexel, 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: 8.6% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 29.6 — 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 Drexel, MO (64742)?
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Market Analysis: 64742 Drexel
The 64742 ZIP in Drexel, MO is a local-operator market. Outside capital chasing a $329K entry has to pair deep knowledge with the discount.
Rent of $927/mo on a $329K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 64742 sits below the stated 0.0% once reality is priced in.
The gap between 64742 and stronger Drexel ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 64742 includes headwinds that any investor should price in. Income distribution skews lower than Drexel averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 64742 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Drexel:
Property Strategy for 64742
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $196,334 | $1,030 | 3.8% | +5.4% | $98,167 |
| 3BR | $289,502 | $1,350 | 3.4% | +6.6% | $96,501 |
| 4BR | $446,691 | $1,570 | 2.5% | +6.7% | $111,673 |
Market Trends
Home Value History (with trend line)
📊 How Does 64742 Compare?
| Metric | 64742 | Drexel | Kansas City, MO-KS | Missouri |
|---|---|---|---|---|
| Home Value | $329,231 | $329,231 | N/A | $254,657 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 7.0% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 64742 (Drexel, MO). Anonymous, moderated, never written by AI.
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Property managers serving Cass 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 | $329,231 |
| Monthly Rent | $927 |
| Price-to-Rent | 29.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +11.2% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (2.2%). 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 64742
Population: 2,348
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 64742
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
How should investors approach Drexel, MO?
Investors usually favor careful cash-flow rentals with hands-on management in Drexel, MO. With home values at $329K and rents near $927/mo, other strategies can work but produce steady rather than outsized returns.
Are eviction rules reasonable in Drexel, MO?
Drexel, MO operates under MO law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
Are rents high in Drexel, MO?
Average rent in Drexel, MO is approximately $927/mo per month. Against $329K home values that yields a reasonable rent-to-price ratio.
Are there empty rentals in Drexel, MO?
Drexel, MO carries elevated vacancy risk. Expect reliable absorption at market rents of $927/mo.
Is house hacking profitable in Drexel, MO?
For house hackers, Drexel, MO is a challenging. The $927/mo rent on a unit helps defray the mortgage on a $329K property.
You know 64742 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 64742 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 64742 ranks in Kansas City, MO-KS
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