308 W 8th St APT 303Kansas CityMO64105
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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 308 W 8th St APT 303, Kansas City, MO, 64105 uses $63,582 cash to close to unlock $2,484/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $939/mo payment keeps the spread at $207/mo. Purchase price stands at $191,800, and rental yield measures 9.38% with $1,500/mo rent. Return on cash invested shows 23.82% in year one, and 5% annual appreciation builds toward $52,991 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash records $79,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $939/mo payment rather than investor’s personal income.
Condo
Built in 1899
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64105, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 474 ( 9.6%) |
| Renter Occupied HU | 3,922 (79.6%) |
| Vacant Housing Units | 531 (10.8%) |
| Median Home Value | $279,375 |
| Average Home Value | $315,677 |
Housing Distribution
Address Breakdown
Residential
5,754
Single Family
791
Multi-Family
4,963
Businesses
512
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