2961 Lockridge AveKansas CityMO64128
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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 2961 Lockridge Ave, Kansas City, MO, 64128 uses $82,875 cash to close to unlock $5,720/yr annual cash flow and $477/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,224/mo payment keeps the spread at $477/mo. Purchase price stands at $249,999, and rental yield measures 9.76% with $2,034/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash records $115,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1908
10,857 sqft lot
$N/A/sqft
No HOA
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Listed by: Kayse Nichols • ReeceNichols-KCN
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597578