3109 S 8th TerKansas CityKS66103
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3109 S 8th Ter, Kansas City, KS, 66103 in Kansas City hard to pass up. The 10.92% gross yield on a $211,000 purchase results in $1,920/mo in rent and $516/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $6,195, five-year appreciation of $58,295, and $1,943/yr in equity build-up combine for a projected total cumulative return of $113,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $516 | $1,200 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $1,320 |
| DSCR Ratio | 1.45x |
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 1953
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66103, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,838 (100%) |
| Owner Occupied HU | 2,105 (30.8%) |
| Renter Occupied HU | 4,002 (58.5%) |
| Vacant Housing Units | 731 (10.7%) |
| Median Home Value | $182,070 |
| Average Home Value | $194,842 |
Housing Distribution
Address Breakdown
Residential
6,109
Single Family
4,854
Multi-Family
1,255
Businesses
412
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 1953
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66103, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,838 (100%) |
| Owner Occupied HU | 2,105 (30.8%) |
| Renter Occupied HU | 4,002 (58.5%) |
| Vacant Housing Units | 731 (10.7%) |
| Median Home Value | $182,070 |
| Average Home Value | $194,842 |
Housing Distribution
Address Breakdown
Residential
6,109
Single Family
4,854
Multi-Family
1,255
Businesses
412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Ortiz • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2586592