Kansas City vs Other Markets for Investing

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.