3902 E 24th StKansas CityMO64127
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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 3902 E 24th St, Kansas City, MO, 64127 offers a 9.26% rental yield on a $140,000 purchase with $1,080/mo rent. Total monthly income registers $1,080/mo, and a $685/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,500/yr on $46,410 to close, and return on cash invested stands at 25.3% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 131.84% and total cumulative return in cash at $61,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
4,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64127, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,204 (100%) |
| Owner Occupied HU | 2,667 (32.5%) |
| Renter Occupied HU | 3,869 (47.2%) |
| Vacant Housing Units | 1,668 (20.3%) |
| Median Home Value | $76,074 |
| Average Home Value | $137,969 |
Housing Distribution
Address Breakdown
Residential
6,703
Single Family
5,940
Multi-Family
763
Businesses
607
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Listed by: Yehimi Robles De La Pena • Iron Key Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2587112