3800 N Mulberry Dr UNIT 201Kansas CityMO64116
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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
Total monthly income runs $2,548/mo, and a $1,640/mo payment. Purchase price stands at $335,000, and rental yield measures 9.13% with $2,548/mo rent. Return on cash invested shows 16.68% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 88.58% and total cumulative return in cash records $98,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,548/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Condo
Built in 2006
1,742 sqft lot
$N/A/sqft
$560 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64116, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,954 (100%) |
| Owner Occupied HU | 3,835 (35.0%) |
| Renter Occupied HU | 6,165 (56.3%) |
| Vacant Housing Units | 954 ( 8.7%) |
| Median Home Value | $247,048 |
| Average Home Value | $295,385 |
Housing Distribution
Address Breakdown
Residential
8,849
Single Family
7,016
Multi-Family
1,833
Businesses
1,415
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Listed by: Julie Rischer • Keller Williams Realty Partner
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2517625
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604