11409 Cleveland AveKansas CityKS66109
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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 11409 Cleveland Ave, Kansas City, KS, 66109 offers a 5.29% rental yield on a $340,000 purchase with $1,500/mo rent. 8% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 59.98% and total cumulative return in cash at $67,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66109, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,520 (100%) |
| Owner Occupied HU | 7,309 (69.5%) |
| Renter Occupied HU | 2,698 (25.6%) |
| Vacant Housing Units | 513 ( 4.9%) |
| Median Home Value | $284,819 |
| Average Home Value | $295,238 |
Housing Distribution
Address Breakdown
Residential
10,277
Single Family
10,072
Multi-Family
205
Businesses
222
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Listed by: Brad Papa • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2593253