Real Estate Investing in Garden City, Missouri (64747)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 64747 (Garden City, 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.
- High price-to-rent: Price-to-rent ratio 27.5 — 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 Garden City, MO (64747)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 64747 Garden City
The 64747 ZIP covers a section of Garden City that demands careful diligence. Prices near $306K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 64747 can be a an appealing option for hunting ground — but the discount at $306K reflects genuine risk that outside investors often underestimate.
ZIP 64747's metrics run below Cass's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A notable renter share of 19% in 64747 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Garden City's stable or hybrid ZIPs before stepping into 64747. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Garden City:
Property Strategy for 64747
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $190,809 | $1,030 | 3.9% | +7.9% | $95,404 |
| 3BR | $282,550 | $1,350 | 3.4% | +8.0% | $94,183 |
| 4BR | $361,746 | $1,570 | 3.1% | +8.0% | $90,437 |
Market Trends
Home Value History (with trend line)
📊 How Does 64747 Compare?
| Metric | 64747 | Garden City | Missouri |
|---|---|---|---|
| Home Value | $305,506 | $305,506 | $254,657 |
| 5-Year CAGR | 6.4% | 6.4% | 7.0% |
| Avg Rent | $927 | $927 | - |
| Cap Rate | 2.4% | 2.4% | - |
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 64747 (Garden City, 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 | $305,506 |
| Monthly Rent | $927 |
| Price-to-Rent | 27.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.4% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 64747
Population: 4,066
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much does a house cost in Garden City, MO?
Median home price in Garden City, MO is near $306K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
Is Garden City, MO a friendly market for rental owners?
Rental owners in Garden City, MO deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is it easy to find good tenants in Garden City, MO?
Tenant quality in Garden City, MO ranks as solid. Landlords generally report predictable occupancy at market rents of $927/mo.
Is real estate in Garden City, MO a good investment right now?
Our data puts Garden City, MO at 3.0/5 for investability. Home prices of $306K and rents around $927/mo create a solid backdrop for investor activity.
What investment strategy works best in Garden City, MO?
Investors usually favor careful cash-flow rentals with hands-on management in Garden City, MO. With home values at $306K and rents near $927/mo, other strategies can work but produce consistent rather than outsized returns.
You know 64747 now. You don’t know where it ranks.
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