2319 Norton AveKansas CityMO64127
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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 2319 Norton Ave, Kansas City, MO, 64127 uses $45,581 cash to close to unlock $2,168/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,037/mo, and a $673/mo payment keeps the spread at $181/mo. Purchase price stands at $137,500, and rental yield measures 9.05% with $1,037/mo rent. Return on cash invested shows 24.67% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 128.43% and total cumulative return in cash records $58,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,037/mo property income covering a $673/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,785 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64127, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,204 (100%) |
| Owner Occupied HU | 2,667 (32.5%) |
| Renter Occupied HU | 3,869 (47.2%) |
| Vacant Housing Units | 1,668 (20.3%) |
| Median Home Value | $76,074 |
| Average Home Value | $137,969 |
Housing Distribution
Address Breakdown
Residential
6,703
Single Family
5,940
Multi-Family
763
Businesses
607
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Listed by: Paul Surles • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582553