104th St8400 E 104th Street, Kansas City, MO
28.7% Cash on Cash Return
$429.83/mo Cash Flow
Purchase Price: $89,900
Fantastic 3 Bed, 2 Bath, with 2 Car Garage in Missouri!
Single Family Home
Square Footage: 1,250
Annual Property Taxes: $784
Year Built: 1968
**Tenant will be in place!**
**Seller provides $1,000 for Closing Costs, Home Warranty, and Home Inspection!**
Unemployment Rate: 6.7- 7.4
Job Growth 2010-2011: 8.9%
Median Income: $70,804
Population change since 2000: + 9.2%
Median Home Price:: $198,077
Yearly Taxes: Approx. $1,865
Vacancy Rate: 5-7%
Air Quality Index: 34
Average Temp: 29 -79 degrees
Missouri unemployment rate continues to drop
Missouri's unemployment rate continues to fall with 2,300 new jobs added during February. The Department of Economic Development reports the unemployement rate has declined to 7.4 percent … in comparison, the U.S. unemployment rate stands at 8.3 percent. Missouri added nearly 22 thousand jobs in January.
(Springfield, MO) --
The Springfield Chamber of Commerce says the unemployment rate in the Springfield metro area is 6.7 percent. This is the first time it's been below 7 percent since the start of the recession. This news comes just a few weeks after Springfield was ranked in top three among American cities for job growth.
Greater Kansas City is headquarters to several Fortune 500 companies (Sprint Nextel Corporation, H&R Block, YRC Worldwide Inc., and International Assets Holding Corporation) and additional Fortune 1000 corporations Great Plains Energy, Aquila, AMC Theatres, Applebee's, DST Systems, Garmin International, Cerner, Seaboard Corporation, and Russell Stover Candies). Three international law firms, Lathrop & Gage, Stinson Morrisson & Hecker, and Shook, Hardy & Bacon are also based in the City.
The area boasts a very diverse workforce and top-notch schools. These are just a few of the reasons there is not one vacancy in the community.
Now is a great time to buy real estate in Kansas City.
- Interest rates are around 4.875%
- Builders are starting to build new homes in Kansas City, new construction is a sign that the real estate market is moving again.
- Very few "deals" are left due to new construction.