223 N Kensington AveKansas CityMO64123
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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 223 N Kensington Ave, Kansas City, MO, 64123 generates $1,620/mo in rent and, after a $905/mo payment, leaves $468/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $5,621/yr on $61,311 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 10.51% on a $184,950 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,098 over five years. Five-year ROI reaches 152.09% and total cumulative return in cash sums $93,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
3,367 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64123, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,044 (100%) |
| Owner Occupied HU | 1,968 (48.7%) |
| Renter Occupied HU | 1,577 (39.0%) |
| Vacant Housing Units | 499 (12.3%) |
| Median Home Value | $107,107 |
| Average Home Value | $153,069 |
Housing Distribution
Address Breakdown
Residential
3,809
Single Family
3,430
Multi-Family
379
Businesses
148
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Listed by: Deb Danaher • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592496