3131 S 47th TerKansas CityKS66106
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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 3131 S 47th Ter, Kansas City, KS, 66106 offers a 6.12% rental yield on a $293,000 purchase with $1,494/mo rent. 29% in year one. Equity gained on principal adds $1,891/yr while 5% annual appreciation supports $80,951 over five years. Portfolio math shows five-year ROI at 73.27% and total cumulative return in cash at $71,170. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,494/mo property income against a $1,434/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66106, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,027 (100%) |
| Owner Occupied HU | 5,382 (59.6%) |
| Renter Occupied HU | 3,019 (33.4%) |
| Vacant Housing Units | 626 ( 6.9%) |
| Median Home Value | $189,878 |
| Average Home Value | $233,489 |
Housing Distribution
Address Breakdown
Residential
8,920
Single Family
8,529
Multi-Family
391
Businesses
557
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Listed by: Kyle Hutchings • ReeceNichols -Johnson County W
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2568015