09/10/2026
π‘ LISTING: 4921 N Garfield Ave, Kansas City, MO 64118
Turnkey Mid-Term Rental Investment Β· Clay County Β· MLS 2628509
$239,900 | 4 BD Β· 2 BA Β· 1,516 SQ FT Β· 0.31-Acre Lot
π The Numbers
β
14.8% Cap Rate (unlevered)
β
$36,937 Net Operating Income
β
$49,417 Gross Annual Rent
β
~40% Cash-on-Cash (20% down, DSCR)
π Property Facts
β’ Built 1953 | 936 SF above grade + 580 SF renovated lower-level suite
β’ Lot: 0.31 acres (90x140) | 1-car attached garage
β’ New 50-year roof (2026)
β’ Fully furnished, turnkey turnkey
β’ 3+ year Airbnb Superhost
β’ Run on Hostaway + PriceLabs
β’ Avg monthly rent: $4,118
β’ Tenant mix: ALE / Corporate / Relocation
β’ North KC School District
π‘ Why Mid-Term Rental?
πΉ Stable income β 30+ day stays mean lower turnover and steadier cash flow than short-term rentals
πΉ Premium tenants β insurance (ALE) and corporate travelers are vetted, insured, and motivated to pay
πΉ Day-one operations β fully furnished, live on all platforms, with SOPs and guest templates included
π Value-Add Upside
β’ Add an egress window to the lower-level bedroom (~$2,500) to legally convert to a 4th bedroom
β’ Property sits in the Antioch Mall TIF zone β buyers may qualify for up to $15,000 in city housing grants
π Jennifer Lund Β· Platinum Realty
816-200-0165 Β· [email protected]