3418 N 62nd StKansas 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
Investment property for sale in Kansas City at 3418 N 62nd St, Kansas City, KS, 66104 earns $191/mo cash flow from $1,189/mo rent with a $734/mo payment. Total monthly income totals $1,189/mo, and annual cash flow totals $2,295/yr on $49,725 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.51% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 128.28% and total cumulative return in cash sums $63,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,189/mo property income instead of your personal income.
Single Family
Built in 1955
0.31 Acres 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: Keli Vandiver King • United Real Estate Kansas City
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2583577