3424 E 62nd StKansas CityMO64130
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 3424 E 62nd St, Kansas City, MO, 64130 in Kansas City is narrow, $174/mo net on $797/mo rent after the $450/mo debt service, but the property operates at break-even-plus, not a loss. At $100,000 with a 9.56% yield, the long-run equity case via 5% appreciation ($27,628 over five years) and $921/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.77 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $49,157.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $174 | $300 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $797 |
| Total Monthly Debt Service | $583 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64130, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 4,183 (39.5%) |
| Renter Occupied HU | 4,652 (43.9%) |
| Vacant Housing Units | 1,764 (16.6%) |
| Median Home Value | $71,096 |
| Average Home Value | $137,305 |
Housing Distribution
Address Breakdown
Residential
9,422
Single Family
8,823
Multi-Family
599
Businesses
514
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
Single Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64130, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,599 (100%) |
| Owner Occupied HU | 4,183 (39.5%) |
| Renter Occupied HU | 4,652 (43.9%) |
| Vacant Housing Units | 1,764 (16.6%) |
| Median Home Value | $71,096 |
| Average Home Value | $137,305 |
Housing Distribution
Address Breakdown
Residential
9,422
Single Family
8,823
Multi-Family
599
Businesses
514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carisa Burtin Smith • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584168