2929 McGee Trafficway #305Kansas 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 2929 McGee Trafficway #305, Kansas City, MO, 64108 generates $1,799/mo in rent, after a $1,688/mo payment. Total monthly income is $1,799/mo. Return on cash invested sits at 16.25% in year one, and rental yield is 6.26% on a $344,800 entry. Equity gained on principal adds $2,225/yr, while 5% annual appreciation builds toward $95,262 over five years. Five-year ROI reaches 83.29% and total cumulative return in cash sums $95,197. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,799/mo property income rather than buyer’s personal income.
Condo
Built in 1918
1,143 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: Carol Partee • BHG Kansas City Homes
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584865