11120 Myrtle AveKansas CityMO64137
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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
Investment property for sale in Kansas City at 11120 Myrtle Ave, Kansas City, MO, 64137 uses $84,201 cash to close to unlock $5,500/yr annual cash flow and $458/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,243/mo payment keeps the spread at $458/mo. Purchase price stands at $254,000, and rental yield measures 9.64% with $2,040/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $70,176 over five years. Five-year ROI reaches 137.95% and total cumulative return in cash records $116,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,243/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,812 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64137, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,061 (100%) |
| Owner Occupied HU | 2,200 (43.5%) |
| Renter Occupied HU | 2,446 (48.3%) |
| Vacant Housing Units | 415 ( 8.2%) |
| Median Home Value | $194,258 |
| Average Home Value | $210,584 |
Housing Distribution
Address Breakdown
Residential
4,431
Single Family
3,395
Multi-Family
1,036
Businesses
141
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Listed by: Jeffery Chwa • KW Diamond Partners
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589201