1101 Walnut St UNIT 505Kansas CityMO64106
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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 1101 Walnut St UNIT 505, Kansas City, MO, 64106 generates $1,966/mo in rent, after a $1,948/mo payment. Total monthly income is $1,966/mo. Return on cash invested sits at 15.25% in year one, and rental yield is 5.93% on a $397,950 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation builds toward $109,946 over five years. Five-year ROI reaches 77.91% and total cumulative return in cash sums $102,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,966/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1,339 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64106, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,853 (100%) |
| Owner Occupied HU | 847 (12.4%) |
| Renter Occupied HU | 5,164 (75.4%) |
| Vacant Housing Units | 842 (12.3%) |
| Median Home Value | $309,690 |
| Average Home Value | $337,804 |
Housing Distribution
Address Breakdown
Residential
5,463
Single Family
1,497
Multi-Family
3,966
Businesses
813
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Listed by: Frankie Bellucci • Real Broker, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594296