130 Kevin StExcelsior SpringsMO64024
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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 Excelsior Springs at 130 Kevin St, Excelsior Springs, MO, 64024 offers $1,140/mo rent that, after a $832/mo payment, leaves $81/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $976/yr on $56,355 cash. Return on cash invested measures 21.64% in year one, and rental yield stands at 8.05% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 112.23% and total cumulative return in cash reaches $63,249. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64024, Excelsior Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,970 (100%) |
| Owner Occupied HU | 4,802 (68.9%) |
| Renter Occupied HU | 1,710 (24.5%) |
| Vacant Housing Units | 458 ( 6.6%) |
| Median Home Value | $248,953 |
| Average Home Value | $305,115 |
Housing Distribution
Address Breakdown
Residential
6,531
Single Family
6,013
Multi-Family
518
Businesses
432
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Listed by: Debbie Gengelbach • Woodward Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2577682