117 Chelsea AveKansas CityMO64123
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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 117 Chelsea Ave, Kansas City, MO, 64123 offers $1,438/mo rent that, after a $1,175/mo payment. Total monthly income is $1,438/mo. Return on cash invested measures 19.05% in year one, and rental yield stands at 7.19% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 98.25% and total cumulative return in cash reaches $78,170. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,438/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1914
5,575 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64123, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,044 (100%) |
| Owner Occupied HU | 1,968 (48.7%) |
| Renter Occupied HU | 1,577 (39.0%) |
| Vacant Housing Units | 499 (12.3%) |
| Median Home Value | $107,107 |
| Average Home Value | $153,069 |
Housing Distribution
Address Breakdown
Residential
3,809
Single Family
3,430
Multi-Family
379
Businesses
148
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Listed by: Konnie Sanders • KLS Real Estate Services LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2574573