1607 E 37th StKansas CityMO64109
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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 1607 E 37th St, Kansas City, MO, 64109 generates $2,100/mo in rent and, after a $1,074/mo payment, leaves $733/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $8,800/yr on $72,764 invested. Return on cash invested sits at 32% in year one, and rental yield is 11.48% on a $219,500 entry. Equity gained on principal adds $1,416/yr, while 5% annual appreciation builds toward $60,644 over five years. Five-year ROI reaches 167.8% and total cumulative return in cash sums $122,098. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 1908
4,190 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64109, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,724 (100%) |
| Owner Occupied HU | 1,637 (24.3%) |
| Renter Occupied HU | 3,787 (56.3%) |
| Vacant Housing Units | 1,300 (19.3%) |
| Median Home Value | $299,228 |
| Average Home Value | $317,892 |
Housing Distribution
Address Breakdown
Residential
5,507
Single Family
3,238
Multi-Family
2,269
Businesses
267
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Listed by: Angela Moyer • RE/MAX Innovations
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578731