5107 E 40th Street | MLS #2610424 | RE/MAX Kansas-Missouri

Listing provided courtesy of KW KANSAS CITY METROGreater Heartland Region MLSMLS# 2610424

Contact Information: 816-745-8906

INVESTOR OPPORTUNITY — Rent-ready 3BR 1.5-story SFR on a nearly quarter-acre lot in Vineyard Terrace. Buyer's choice at closing: property delivered vacant (current tenant has expressed intent to vacate) or with tenant in place — seller will accommodate. Over $9,000 in recent updates: new roof, upgraded electrical panel, remodeled kitchen and bath, new flooring, refinished hardwoods, replacement windows, three window AC units. 1,560 sqft, full unfinished basement, 9,084 sqft lot. Underwritten at market rent of $1,200/mo, 8.0% projected cap at asking with conservative underwriting (5% vacancy, 10% mgmt, 10% R&M). Part of a 4-property KC SFR portfolio — portfolio pricing available for a buyer acquiring all four. Full financials, capex detail, and current lease available on request. Can be sold individually of as a package with MLS#s 2606783, 2610158, 2610424, 2610418. Package MLS# is 2619226.

Source: Greater Heartland Region MLS, MLS#: 2610424

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Property Type

Residential
Lot

0.21 acres

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Deb Staley
JoCo KS Specialist
RE/MAX Realty Suburban
Direct 816-694-0031

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5107 E 40th Street

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
6/15/2026Source: Greater Heartland Region MLS	Price Reduction	$103,400 -5.1%
6/9/2026Source: Greater Heartland Region MLS	Price Reduction	$109,000 -5.2%
4/23/2026Source: Greater Heartland Region MLS	Added to Database	April 23, 2026