308 W 8th St APT 712Kansas CityMO64105
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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 308 W 8th St APT 712, Kansas City, MO, 64105 offers a 9.08% rental yield on a $135,000 purchase with $1,022/mo rent. Total monthly income registers $1,022/mo, and a $661/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,172/yr on $44,753 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 128.92% and total cumulative return in cash at $57,697. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,022/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1899
617 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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Listed by: Ariel Kuchmeister • LPT Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589964