3870 E 61st StKansas CityMO64130
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 3870 E 61st St, Kansas City, MO, 64130 uses $36,465 cash to close to unlock $2,392/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $884/mo, and a $538/mo payment keeps the spread at $199/mo. Purchase price stands at $110,000, and rental yield measures 9.64% with $884/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash records $50,376. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $884/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.26 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: Fran Stowe-Campbell • Weichert, Realtors Welch & Com
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2586608