3124 W 42nd AveKansas CityKS66103
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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 3124 W 42nd Ave, Kansas City, KS, 66103 listed at $199,900 pairs $1,599/mo rent with a $978/mo payment to leave $270/mo cash flow. Total monthly income runs $1,599/mo, and annual cash flow reaches $3,234/yr on $66,267 cash to close. Return on cash invested measures 24.79% in year one, and rental yield registers 9.6% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 129.66% and total cumulative return in cash totals $85,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,599/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,534 sqft 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
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Listed by: Kelly Evans • Crown Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2576642