That depends entirely on what you mean by good location. If you are planning to rent moderately priced single family dwellings, it might be just the community for which you are looking. After all, Grain Valley is an easy commute to Independence and even to KC. You might even find it to have a less mobile population than in many areas, and therefore a good rental area. Don't diss the small towns. Many investors find great success in the villages such as Grain Valley, Oak Grove, and Buckner. In such towns, you'll find a different type of renter/home buyer for a different type of investor. (Disclosure: I grew up in Buckner).

I would have to say NO, not compared to some other areas of opportunity for you like Lee's Summit, Overland Park, Olathe and Kansas City. This all depends on where you are talking and what the specifics of a deal are. I hope this is helpful....Good luck to you.

Let me know if I can help you with more specific details if you have them....

David Van Noy Jr | (816) 536-SOLD