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