2518 N 12th StKansas CityKS66104
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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 2518 N 12th St, Kansas City, KS, 66104 offers a 9.08% rental yield on a $179,900 purchase with $1,361/mo rent. Total monthly income registers $1,361/mo, and a $881/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,964/yr on $59,637 to close, and return on cash invested stands at 23.2% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 121.15% and total cumulative return in cash at $72,249. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,361/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66104, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,802 (100%) |
| Owner Occupied HU | 5,886 (54.5%) |
| Renter Occupied HU | 3,717 (34.4%) |
| Vacant Housing Units | 1,199 (11.1%) |
| Median Home Value | $138,574 |
| Average Home Value | $163,568 |
Housing Distribution
Address Breakdown
Residential
10,088
Single Family
9,760
Multi-Family
328
Businesses
289
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Listed by: Carlos Maderos • New Life Realty of Kansas City
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597114