2412 Michigan 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 2412 Michigan Ave, Kansas City, MO, 64127 listed at $160,000 pairs $1,241/mo rent with a $783/mo payment to leave $245/mo cash flow. Total monthly income runs $1,241/mo, and annual cash flow reaches $2,936/yr on $53,040 cash to close. Return on cash invested measures 25.44% in year one, and rental yield registers 9.31% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 132.58% and total cumulative return in cash totals $70,322. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,241/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
4,356 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: Luis Matos • Weichert, Realtors Welch & Com
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2566949