3011 Ashland Ridge RdKansas CityMO64129
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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 3011 Ashland Ridge Rd, Kansas City, MO, 64129 listed at $175,000 pairs $1,650/mo rent with a $857/mo payment to leave $560/mo cash flow. Total monthly income runs $1,650/mo, and annual cash flow reaches $6,716/yr on $58,013 cash to close. Return on cash invested measures 31.49% in year one, and rental yield registers 11.31% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 165% and total cumulative return in cash totals $95,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,650/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64129, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,518 (100%) |
| Owner Occupied HU | 1,993 (44.1%) |
| Renter Occupied HU | 1,857 (41.1%) |
| Vacant Housing Units | 668 (14.8%) |
| Median Home Value | $124,504 |
| Average Home Value | $154,466 |
Housing Distribution
Address Breakdown
Residential
3,972
Single Family
3,972
Multi-Family
0
Businesses
239
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Listed by: Thrive RealEstate KC Team • KW KANSAS CITY METRO
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594920