Is Independence, MO a good place to invest in rental property?

Independence, MO has a median modeled monthly cash flow of $-243 and a median cap rate of 5.0%, on a median sold price of $225,000. Prices changed +3.6% year over year.

What is the average cap rate in Independence, MO?

The median cap rate across recently sold homes in Independence, MO is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Independence, MO?

The median sold price in Independence, MO is $225,000 (about $144 per square foot).

Investing in Independence, MO Real Estate

A data-driven snapshot of the Independence, MO rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$225,000Median sold price

$144Median $/sqft

5.0%Median cap rate

$-243Modeled cash flow / mo

+3.6%Appreciation YoY

8.8Months of supply

1,320Active listings

1,794Sold (last 12 mo)

What the Independence numbers say

In Independence, MO, the median home sold for $225,000 (about $144 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-243 of monthly cash flow. Sold prices moved +3.6% over the past year. Inventory sits at about 8.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 6 fix-and-flip deals in Independence — listings where the estimated after-repair value beats list price + rehab.

Other Missouri markets to compare

See Independence cash-flowing listings

CashFlowRE ranks every for-sale home in Independence, MO by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Independence deals, or browse the national market data.