1222 E 23rd AveKansas CityMO64116
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 1222 E 23rd Ave, Kansas City, MO, 64116 in Kansas City worth modelling. At $339,900 with a 7.6% gross yield, the $2,153/mo rent leaves $36/mo after the $1,528/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.41 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $93,908 by year five; $3,131/yr in principal reduction adds further equity. Total projected return: $131,294.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $36 | $300 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,153 |
| Total Monthly Debt Service | $1,982 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64116, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,954 (100%) |
| Owner Occupied HU | 3,835 (35.0%) |
| Renter Occupied HU | 6,165 (56.3%) |
| Vacant Housing Units | 954 ( 8.7%) |
| Median Home Value | $247,048 |
| Average Home Value | $295,385 |
Housing Distribution
Address Breakdown
Residential
8,849
Single Family
7,016
Multi-Family
1,833
Businesses
1,415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64116, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,954 (100%) |
| Owner Occupied HU | 3,835 (35.0%) |
| Renter Occupied HU | 6,165 (56.3%) |
| Vacant Housing Units | 954 ( 8.7%) |
| Median Home Value | $247,048 |
| Average Home Value | $295,385 |
Housing Distribution
Address Breakdown
Residential
8,849
Single Family
7,016
Multi-Family
1,833
Businesses
1,415
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Smith • United Real Estate Kansas City
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597469