Kansas City, MO โ€” Rental Investment Analysis

๐ŸŸกMODERATEโ€” average returns

Cap Rate

4.0%

Below average

Monthly Cash Flow

-$515

After all expenses

Price-to-Rent

14.3

Investor-friendly

DSCR

0.63

Fails

๐Ÿ“Š Key Metrics

Median Home Price
$289,544
Average Rent (3BR)
$1,655/mo
Price-to-Rent Ratio
14.3(good)
1% Rule
0.58%(fails โ€” need 1%+)
Cash-on-Cash Return
-10.2%
Vacancy Rate
8.0%

๐Ÿ“ˆ Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers โ†’

๐Ÿ“ˆ Population Movement (Tax Year 2021โ†’2022)

Net Migration

-939 households

SHRINKING

Total Inflow

273,543

households moved in

Avg Income (New Residents)

$79,135

per household

Where they're coming from:

1.Jackson Non-migrants, MO263,166 households ยท avg $79,164
2.Johnson, KS3,385 households ยท avg $119,226
3.Clay, MO2,042 households ยท avg $49,839
4.Cass, MO1,223 households ยท avg $69,106
5.Douglas, KS289 households ยท avg $47,007

Where residents are leaving to:

1.Jackson Non-migrants, MO263,166 households
2.Johnson, KS3,539 households
3.Clay, MO2,423 households
4.Cass, MO1,561 households
5.Cook, IL265 households

๐Ÿ’ก Net outflow may indicate weakening demand โ€” but can mean lower prices and higher cap rates.

๐Ÿ˜๏ธ Best Zip Codes in Kansas City for Investors

64120
Cap Rate: 14.7%Cash Flow: +$574/mo$82,737
64125
Cap Rate: 13.7%Cash Flow: +$537/mo$88,258
64127
Cap Rate: 13.5%Cash Flow: +$528/mo$89,517

All Zip Codes in Kansas City

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
6412014.7%+$574$82,737$1,380/mo2.30
6412513.7%+$537$88,258$1,380/mo2.14
6412713.5%+$528$89,517$1,380/mo2.11
6412612.8%+$503$93,331$1,380/mo2.01
6412812.4%+$483$96,288$1,380/mo1.94
6413011.8%+$479$105,301$1,450/mo1.86
6413210.2%+$365$116,175$1,400/mo1.59
641059.6%+$521$196,505$2,250/mo1.50
641249.4%+$307$122,334$1,380/mo1.47
641239.2%+$290$124,826$1,380/mo1.44
641348.3%+$280$173,787$1,770/mo1.30
641297.5%+$137$153,605$1,430/mo1.17
641085.9%-$125$295,988$2,280/mo0.92
641065.9%-$96$221,075$1,700/mo0.92
641095.6%-$121$185,903$1,380/mo0.88
641375.6%-$151$225,571$1,670/mo0.87
641175.3%-$196$215,222$1,530/mo0.83
641115.1%-$303$273,696$1,880/mo0.79
641194.8%-$338$260,640$1,730/mo0.76
641364.8%-$356$270,677$1,790/mo0.75
641314.6%-$374$256,313$1,650/mo0.73
641144.6%-$460$301,946$1,920/mo0.71
641104.4%-$422$253,673$1,570/mo0.69
640774.3%-$413$232,807$1,410/mo0.67
644844.2%-$416$229,593$1,380/mo0.66
640204.0%-$463$236,580$1,380/mo0.63
641574.0%-$839$425,025$2,470/mo0.63
641163.9%-$568$269,274$1,520/mo0.60
641553.4%-$888$353,249$1,820/mo0.53
641513.3%-$888$349,509$1,790/mo0.52
641583.1%-$1,040$385,549$1,900/mo0.49
641533.1%-$1,014$374,281$1,840/mo0.49
641463.1%-$791$291,365$1,430/mo0.49
640403.0%-$799$287,723$1,390/mo0.48
641122.9%-$1,191$415,256$1,960/mo0.46
647472.9%-$881$298,634$1,380/mo0.45
641632.8%-$896$300,942$1,380/mo0.44
640882.7%-$1,029$338,787$1,530/mo0.43
641542.7%-$1,310$427,942$1,920/mo0.43
641392.6%-$1,408$452,215$2,000/mo0.42
641562.6%-$1,445$461,455$2,030/mo0.41
641452.6%-$1,334$419,444$1,820/mo0.40
647462.5%-$1,086$332,715$1,410/mo0.39
647392.2%-$1,197$345,548$1,380/mo0.35
644442.2%-$1,201$346,067$1,380/mo0.35
647342.2%-$1,495$429,897$1,710/mo0.35
641522.2%-$1,505$430,198$1,700/mo0.34
641492.0%-$1,845$511,106$1,950/mo0.32
641661.9%-$1,795$476,819$1,730/mo0.29
641651.9%-$1,731$458,819$1,660/mo0.29
641131.8%-$2,228$582,435$2,070/mo0.28
641671.4%-$2,523$608,044$1,920/mo0.22