3041 Park AveKansas CityMO64109
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3041 Park Ave, Kansas City, MO, 64109 in Kansas City is a solid income-producing rental, 9.12% gross yield, $1,368/mo rent, $247/mo net cash flow on a $180,000 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $49,731 and $1,658/yr in principal reduction project a total cumulative return of $84,199.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $247 | $300 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,368 |
| Total Monthly Debt Service | $1,049 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1905
5,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64109, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,724 (100%) |
| Owner Occupied HU | 1,637 (24.3%) |
| Renter Occupied HU | 3,787 (56.3%) |
| Vacant Housing Units | 1,300 (19.3%) |
| Median Home Value | $299,228 |
| Average Home Value | $317,892 |
Housing Distribution
Address Breakdown
Residential
5,507
Single Family
3,238
Multi-Family
2,269
Businesses
267
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
Single Family
Built in 1905
5,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64109, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,724 (100%) |
| Owner Occupied HU | 1,637 (24.3%) |
| Renter Occupied HU | 3,787 (56.3%) |
| Vacant Housing Units | 1,300 (19.3%) |
| Median Home Value | $299,228 |
| Average Home Value | $317,892 |
Housing Distribution
Address Breakdown
Residential
5,507
Single Family
3,238
Multi-Family
2,269
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nate Petty • Simply The Best Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2593292