29 E 29th St #203Kansas CityMO64108
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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 29 E 29th St #203, Kansas City, MO, 64108 generates $1,708/mo in rent and, after a $1,155/mo payment, leaves $238/mo in cash flow. Total monthly income is $1,708/mo, and annual cash flow is $2,862/yr on $78,201 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 8.69% on a $235,900 entry. Equity gained on principal adds $1,522/yr, while 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 122.56% and total cumulative return in cash sums $95,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,708/mo property income rather than buyer’s personal income.
Condo
Built in 1984
753.59 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64108, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,827 (100%) |
| Owner Occupied HU | 1,691 (21.6%) |
| Renter Occupied HU | 4,865 (62.2%) |
| Vacant Housing Units | 1,271 (16.2%) |
| Median Home Value | $355,447 |
| Average Home Value | $388,527 |
Housing Distribution
Address Breakdown
Residential
7,175
Single Family
3,414
Multi-Family
3,761
Businesses
1,509
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Listed by: N/A • N/A
Mls Name: ReeceNichols Real Estate
Mls Provider:
Mls ID: #2512682