1301 N 37th StKansas CityKS66102
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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 1301 N 37th St, Kansas City, KS, 66102 generates $1,507/mo in rent and, after a $940/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,507/mo, and annual cash flow is $2,753/yr on $63,648 invested. Return on cash invested sits at 24.23% in year one, and rental yield is 9.42% on a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 126.68% and total cumulative return in cash sums $80,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66102, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,364 (100%) |
| Owner Occupied HU | 5,244 (46.1%) |
| Renter Occupied HU | 4,782 (42.1%) |
| Vacant Housing Units | 1,338 (11.8%) |
| Median Home Value | $148,789 |
| Average Home Value | $179,020 |
Housing Distribution
Address Breakdown
Residential
10,474
Single Family
9,147
Multi-Family
1,327
Businesses
639
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Listed by: Janise Woody • ReeceNichols -Johnson County W
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2576816