3024 Grand AveKansas CityMO64108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3024 Grand Ave, Kansas City, MO, 64108 offers a 9.11% rental yield on a $548,400 purchase with $4,163/mo rent. Total monthly income registers $4,163/mo, and a $2,684/mo payment leaves $732/mo available for distribution. Annual cash flow reaches $8,782/yr on $180,424 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $3,539/yr while 5% annual appreciation supports $151,513 over five years. Portfolio math shows five-year ROI at 129.81% and total cumulative return in cash at $234,215. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,163/mo property income against a $2,684/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: ReeceNichols Real Estate
Mls Provider:
Mls ID: #2577743