2804 NE Parvin RdKansas CityMO64117
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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 2804 NE Parvin Rd, Kansas City, MO, 64117 offers a 13.12% rental yield on a $185,000 purchase with $2,022/mo rent. Total monthly income registers $2,022/mo, and a $905/mo payment leaves $870/mo available for distribution. Annual cash flow reaches $10,444/yr on $61,328 to close, and return on cash invested stands at 36.94% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 194.27% and total cumulative return in cash at $119,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,022/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64117, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,873 (100%) |
| Owner Occupied HU | 3,508 (51.0%) |
| Renter Occupied HU | 3,058 (44.5%) |
| Vacant Housing Units | 307 ( 4.5%) |
| Median Home Value | $193,850 |
| Average Home Value | $244,267 |
Housing Distribution
Address Breakdown
Residential
6,524
Single Family
5,680
Multi-Family
844
Businesses
211
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Listed by: RJC Team • Keller Williams KC North
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2586735