1024 W 41st StKansas CityMO64111
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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
Investment Highlights
Rental property for sale in Kansas City at 1024 W 41st St, Kansas City, MO, 64111 generates $1,474/mo in rent and, after a $1,077/mo payment, leaves $104/mo in cash flow. Total monthly income is $1,474/mo, and annual cash flow is $1,244/yr on $72,930 invested. Return on cash invested sits at 21.61% in year one, and rental yield is 8.04% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 112.05% and total cumulative return in cash sums $81,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,474/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64111, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,258 (100%) |
| Owner Occupied HU | 2,907 (21.9%) |
| Renter Occupied HU | 8,350 (63.0%) |
| Vacant Housing Units | 2,001 (15.1%) |
| Median Home Value | $328,979 |
| Average Home Value | $370,306 |
Housing Distribution
Address Breakdown
Residential
11,747
Single Family
6,113
Multi-Family
5,634
Businesses
1,267
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Listed by: Ken Hoover Group • Keller Williams KC North
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2587399