2330 NE 68th StGladstoneMO64118
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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 Gladstone at 2330 NE 68th St, Gladstone, MO, 64118 generates $1,386/mo in rent and, after a $857/mo payment, leaves $296/mo in cash flow. Total monthly income is $1,386/mo, and annual cash flow is $3,548/yr on $58,013 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 9.5% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 135.73% and total cumulative return in cash sums $78,739. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,386/mo property income rather than buyer’s personal income.
Condo
Built in 1998
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64118, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,423 (100%) |
| Owner Occupied HU | 11,363 (58.5%) |
| Renter Occupied HU | 7,336 (37.8%) |
| Vacant Housing Units | 724 ( 3.7%) |
| Median Home Value | $251,319 |
| Average Home Value | $291,192 |
Housing Distribution
Address Breakdown
Residential
19,225
Single Family
16,463
Multi-Family
2,762
Businesses
858
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