1002 NW 63rd StKansas CityMO64118
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.98% yield at 1002 NW 63rd St, Kansas City, MO, 64118 in Kansas City is solid, but the $1,460/mo payment compresses net cash flow to $138/mo at $324,700. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $89,709 by year five, and $2,991/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.48) without U.S. income documentation. Total projected return: $132,111.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $138 | $300 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,893 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64118, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,423 (100%) |
| Owner Occupied HU | 11,363 (58.5%) |
| Renter Occupied HU | 7,336 (37.8%) |
| Vacant Housing Units | 724 ( 3.7%) |
| Median Home Value | $251,319 |
| Average Home Value | $291,192 |
Housing Distribution
Address Breakdown
Residential
19,225
Single Family
16,463
Multi-Family
2,762
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1997
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64118, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,423 (100%) |
| Owner Occupied HU | 11,363 (58.5%) |
| Renter Occupied HU | 7,336 (37.8%) |
| Vacant Housing Units | 724 ( 3.7%) |
| Median Home Value | $251,319 |
| Average Home Value | $291,192 |
Housing Distribution
Address Breakdown
Residential
19,225
Single Family
16,463
Multi-Family
2,762
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tess Booth • EXP Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2574561