With the huge interest in Cash Flowing Rentals in Kansas City from investors nationwide, I thought it would be interesting to compare it to another rental market I have been seeing promoted on many blogs and websites as a cash flowing market.
I have also included info about the area from which many of our investors come from.
This information is according to Yahoo Real Estate neighborhood profiles.
Kansas City Detroit Los Angeles
Population 450,375 916,952 3,834,340
Population Growth 1.9% -3% 3.5%
Population Density 1424 6265 8388
(residents per sq mile)
Median Age 36 33 34
Medium Income $43,574 $32,426 $42,529
Median Home Age 42 yrs 57 yrs 34 yrs
Median Home Value $146,400 $32,426 $606,375
Ownership % 51.45% 46.05% 36.4%
Rental % 37.04% 38.54% 60.36%
High School Grad 82.9% 69.6% 66%
Unemployment Rate 7.8% 17.7% 7.8%
Returns of 20%-40%, stable economy, availability of affordable housing and an average price of $57,500 for Postive Cash Flowing Properties makes Kansas City a FANTASTIC market to invest in.
Kansas City Investment Properties & Cash Flowing Rentals
Missouri Real Estate Exchange
11333 Hickman Mills Drive
Kansas City, Mo. 64134
Office(816) 761-9400
Fax(816) 761-9401
Toll Free (866) 451-MORE
Email: danreedy@morekc.com

