3113-3123 Thompson AveKansas CityMO64124
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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
Rental property for sale in Kansas City at 3113-3123 Thompson Ave, Kansas City, MO, 64124 generates $1,200/mo in rent, after a $7,954/mo payment. Total monthly income is $1,200/mo. Return on cash invested sits at 0.04% in year one, and rental yield is 0.89% on a $1,625,000 entry. Equity gained on principal adds $10,486/yr, while 5% annual appreciation builds toward $448,958 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Multi Family
Built in 1929
8,078 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64124, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,097 (100%) |
| Owner Occupied HU | 1,902 (37.3%) |
| Renter Occupied HU | 2,378 (46.7%) |
| Vacant Housing Units | 817 (16.0%) |
| Median Home Value | $114,201 |
| Average Home Value | $172,546 |
Housing Distribution
Address Breakdown
Residential
4,735
Single Family
3,834
Multi-Family
901
Businesses
241
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Listed by: Michelle Lutz • Lutz Sales + Investments
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2568053