2638 S 48th TerKansas CityKS66106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2638 S 48th Ter, Kansas City, KS, 66106 earns $197/mo cash flow from $1,494/mo rent with a $954/mo payment. Total monthly income totals $1,494/mo, and annual cash flow totals $2,367/yr on $64,626 capital. ROI tracks 23.57% on current figures, and rental yield reads 9.2% at a $194,950 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,861 over five years. Five-year ROI reaches 123.12% and total cumulative return in cash sums $79,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,494/mo property income instead of your personal income.
Single Family
Built in 1953
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66106, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,027 (100%) |
| Owner Occupied HU | 5,382 (59.6%) |
| Renter Occupied HU | 3,019 (33.4%) |
| Vacant Housing Units | 626 ( 6.9%) |
| Median Home Value | $189,878 |
| Average Home Value | $233,489 |
Housing Distribution
Address Breakdown
Residential
8,920
Single Family
8,529
Multi-Family
391
Businesses
557
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Haas • KW Diamond Partners
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2595518