3144 Lafayette AveKansas CityKS66104
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
Investment Highlights
Rental property for sale in Kansas City at 3144 Lafayette Ave, Kansas City, KS, 66104 generates $1,535/mo in rent and, after a $726/mo payment, leaves $548/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $6,577/yr on $49,195 invested. Return on cash invested sits at 33.28% in year one, and rental yield is 12.41% on a $148,400 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,000 over five years. Five-year ROI reaches 175.23% and total cumulative return in cash sums $86,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66104, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,802 (100%) |
| Owner Occupied HU | 5,886 (54.5%) |
| Renter Occupied HU | 3,717 (34.4%) |
| Vacant Housing Units | 1,199 (11.1%) |
| Median Home Value | $138,574 |
| Average Home Value | $163,568 |
Housing Distribution
Address Breakdown
Residential
10,088
Single Family
9,760
Multi-Family
328
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A