1309 NE Chowning DrKansas CityMO64155
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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 1309 NE Chowning Dr, Kansas City, MO, 64155 listed at $389,900 pairs $2,310/mo rent with a $1,908/mo payment. Total monthly income runs $2,310/mo. Return on cash invested measures 18.81% in year one, and rental yield registers 7.11% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 97.06% and total cumulative return in cash totals $125,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,310/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64155, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,758 (100%) |
| Owner Occupied HU | 7,940 (67.5%) |
| Renter Occupied HU | 3,479 (29.6%) |
| Vacant Housing Units | 339 ( 2.9%) |
| Median Home Value | $313,154 |
| Average Home Value | $361,920 |
Housing Distribution
Address Breakdown
Residential
11,910
Single Family
10,554
Multi-Family
1,356
Businesses
317
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Listed by: Barnett Sells Homes Team • Chartwell Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597742