Kansas City, MO, known for its rich jazz heritage, barbecue scene, and growing downtown area, is a thriving market for short-term rentals. With diverse neighborhoods and a relatively low cost of living, the city is attractive to both tourists and investors. Here’s a detailed look at the top zip codes for short-term rental investments, highlighting gross yields, annual revenues, Zillow home values, and insights into each area.
64123: Historic Northeast
- Gross Yield: 31%
- Annual Revenue: $39,564
- Zillow Home Value: $125.8K
Zip code 64123 encompasses the Historic Northeast neighborhood, an area known for its early 20th-century architecture and diverse cultural influences. With a staggering gross yield of 31% and an impressive annual revenue of $39,564, this area offers substantial returns on investment. The Zillow home value of $125.8K indicates that properties are affordable, allowing investors to enter the market at a lower cost. The neighborhood’s proximity to downtown and its historic charm attract both tourists and renters, making it an excellent spot for short-term rental opportunities.
64128: East Side & Blue Valley
- Gross Yield: 23%
- Annual Revenue: $21,080
- Zillow Home Value: $90.1K
This zip code covers the East Side and Blue Valley areas, which have seen gradual improvement in infrastructure and community initiatives. The gross yield here is a robust 23%, with annual revenue of $21,080, making it a profitable option for investors. With the lowest Zillow home value on this list at $90.1K, this area presents an affordable opportunity for those looking to maximize their returns. The continued investment in neighborhood revitalization is driving increased interest and could lead to higher property values over time.
66101: Kansas City, Kansas
- Gross Yield: 21%
- Annual Revenue: $25,638
- Zillow Home Value: $124.6K
Zip code 66101 stretches into Kansas City, Kansas, which is part of the broader Kansas City metropolitan area. With a gross yield of 21% and annual revenue of $25,638, the area offers a balanced investment opportunity. Zillow home values average $124.6K, which makes it relatively affordable. The neighborhood is close to attractions like the Kansas Speedway and Legends Outlets, drawing visitors for both business and leisure, which boosts short-term rental demand.
Top 200 Airbnb Rental Markets
Use our Airbnb comparison tool to instantly compare the top 200 short-term (Airbnb) rental markets in the US
64132: South Kansas City & Swope Park
- Gross Yield: 20%
- Annual Revenue: $21,411
- Zillow Home Value: $109.8K
Zip code 64132 includes parts of South Kansas City and areas surrounding Swope Park, one of the largest urban parks in the United States. The gross yield is 20%, and annual revenue stands at $21,411, offering a strong return for investors. Zillow home values are $109.8K, providing an accessible entry point into the market. The area’s appeal lies in its natural attractions and community events, which make it a draw for families and outdoor enthusiasts looking for short-term stays.
64105: Downtown Kansas City
- Gross Yield: 19%
- Annual Revenue: $33,817
- Zillow Home Value: $181.5K
Zip code 64105 covers the bustling Downtown Kansas City area, where the city’s urban core and entertainment districts are located. This area has a gross yield of 19% and the highest annual revenue on this list at $33,817, making it a prime spot for short-term rental investments. Zillow home values average $181.5K, reflecting the desirability and ongoing development of the downtown area. The proximity to attractions like the Power & Light District, Kauffman Center for the Performing Arts, and numerous restaurants and bars ensures a consistent flow of visitors.
Conclusion
These Kansas City zip codes represent diverse investment opportunities, from historic districts to vibrant downtown areas. With a range of property values and yields, investors can find the right fit to maximize their rental income in this growing market.
