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Kansas City, MO Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,395
Monthly Cash Flow
-$283
Principal + Equity
$1,829
Annual Total Gain
$18,556
Cash on Cash
-5.53%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$189
Occupancy Rate
61.54%
Monthly Revenue
$2,562
Monthly Cash Flow
$500
Principal + Equity
$1,829
Annual Total Gain
$27,952
Cash on Cash %
9.79%
Net ROI %
Market Health & Growth
Median Income
$67,449
Population
508,233
LTR Renter %
45.4%
Forecast (1 yr)
2.37%
Appreciation (1 yr)
1.22%
Appreciation (5 yr)
43.23%
Appreciation (10 yr)
116.38%
Job Growth
0.16%
LTR Rentability
Low
STR Demand
49
STR Rentals
1,432
Top Public Schools
A-Wolf Springs Elementary School
A-Delta Woods Middle School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Best Cities to Live in America
#73out of 229 markets
Best Cities to Buy a House in America
#42out of 229 markets
Best Cities to Raise a Family in America
#69out of 229 markets
B
Public School
D
Crime And Safety
B-
Housing
A-
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Kansas City, MO.
In Kansas City, MO, Short Term Rental (STR) regulations vary depending on the type of property and the zoning district in which it is located. Here are some key points that an investor should be aware of before purchasing a property for STR in Kansas City:
1. Zoning Regulations: Kansas City has specific zoning regulations that govern short term rentals. It is important to check the zoning district of the property to ensure that short term rentals are allowed in that area. Some districts may have restrictions on the number of days a property can be rented out or may require a special permit for short term rentals.
2. Licensing and Permits: In Kansas City, property owners are required to obtain a short term rental license in order to operate a short term rental property. The application process may include submitting documentation such as proof of insurance, safety inspections, and payment of fees. It is important to ensure that the property meets all licensing requirements before listing it as a short term rental.
3. Occupancy Limits: Kansas City has occupancy limits for short term rental properties, which may vary depending on the size of the property and the zoning district. It is important to be aware of these limits and ensure that the property complies with them to avoid any potential fines or penalties.
4. Taxes: Property owners in Kansas City are required to collect and remit sales and lodging taxes on short term rental income. It is important to understand the tax obligations associated with operating a short term rental property and ensure compliance with local tax laws.
5. Noise and Nuisance Regulations: Kansas City has regulations in place to address noise and nuisance issues related to short term rentals. Property owners are responsible for ensuring that guests comply with noise ordinances and other regulations to avoid complaints from neighbors and potential fines.
Overall, it is important for investors to thoroughly research and understand the Short Term Rental regulations in Kansas City before purchasing a property for this purpose. By ensuring compliance with local regulations and obtaining the necessary licenses and permits, investors can mitigate risks and maximize the potential return on investment in the short term rental market.
Market Trends Over Time
Explore 25 years of market data for Kansas City, MO, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Kansas City, MO.
The LTR Genie Score of Kansas City, MO is 69, indicating a moderate level of rentability for long-term rental properties in the area. The STR Genie Score is 82, suggesting a high level of rentability for short-term rental or Airbnb properties. The LTR Rent Growth Rate is relatively low at 0.0536%, while the STR Net ROI is significantly higher at 45.57%. The 1-Year Price Appreciation Forecast is 2.37%, indicating potential for growth in property values.
Kansas City, MO is a diverse and growing market with a strong job market and a relatively affordable cost of living. The city offers a mix of urban and suburban neighborhoods, making it attractive to a wide range of renters.
Based on the metrics provided, Kansas City, MO appears to be more attractive for short-term rental investments due to the higher STR Genie Score and Net ROI. However, long-term rental properties can still yield a respectable ROI of 30.25%. Investors may consider diversifying their portfolio by investing in both long-term and short-term rental properties in this market to maximize returns. Ultimately, the decision to invest in Kansas City, MO will depend on the investor's risk tolerance and investment goals.
LTR Genie Score 93
$93,000
🛏 4 Beds🛁 1.0000 Baths🏙 1,818 sqft.🏠 SINGLE FAMILY