2823 N 114th StKansas CityKS66109
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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 Kansas City at 2823 N 114th St, Kansas City, KS, 66109 generates $2,806/mo in rent and, after a $1,955/mo payment, leaves $149/mo in cash flow. Total monthly income is $2,806/mo, and annual cash flow is $1,783/yr on $132,434 invested. Return on cash invested sits at 21.26% in year one, and rental yield is 8.43% on a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 110.67% and total cumulative return in cash sums $146,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,806/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66109, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,520 (100%) |
| Owner Occupied HU | 7,309 (69.5%) |
| Renter Occupied HU | 2,698 (25.6%) |
| Vacant Housing Units | 513 ( 4.9%) |
| Median Home Value | $284,819 |
| Average Home Value | $295,238 |
Housing Distribution
Address Breakdown
Residential
10,277
Single Family
10,072
Multi-Family
205
Businesses
222
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Listed by: Angelica De La Cruz • Northeast Realty Company
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591621