3505 Garner AveKansas CityMO64124
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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
Rental property for sale in Kansas City at 3505 Garner Ave, Kansas City, MO, 64124 generates $879/mo in rent and, after a $538/mo payment, leaves $194/mo in cash flow. Total monthly income is $879/mo, and annual cash flow is $2,332/yr on $36,465 invested. Return on cash invested sits at 26.3% in year one, and rental yield is 9.59% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 137.32% and total cumulative return in cash sums $50,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $879/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
4,212 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64124, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,097 (100%) |
| Owner Occupied HU | 1,902 (37.3%) |
| Renter Occupied HU | 2,378 (46.7%) |
| Vacant Housing Units | 817 (16.0%) |
| Median Home Value | $114,201 |
| Average Home Value | $172,546 |
Housing Distribution
Address Breakdown
Residential
4,735
Single Family
3,834
Multi-Family
901
Businesses
241
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Listed by: Omar Diosdado • ReeceNichols - Country Club Plaza
Mls Name: ReeceNichols Real Estate
Mls ID: #2571438