3615 Dover StKansas 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 3615 Dover St, Kansas City, KS, 66106 uses $66,134 cash to close to unlock $2,007/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,494/mo, and a $976/mo payment keeps the spread at $167/mo. Purchase price stands at $199,500, and rental yield measures 8.99% with $1,494/mo rent. Return on cash invested shows 22.94% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 119.75% and total cumulative return in cash records $79,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,494/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1951
10,454 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: Patel Group • Keller Williams Platinum Prtnr
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2595057