3920 Spruce AveKansas CityMO64130
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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 3920 Spruce Ave, Kansas City, MO, 64130 priced at $105,000 converts $820/mo rent into $166/mo cash flow after a $514/mo obligation. Total monthly income equals $820/mo, and annual cash flow totals $1,992/yr on $34,808 invested. Return on cash invested prints 25.63% in year one, and rental yield reads 9.37% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 133.56% and total cumulative return in cash sums $46,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $820/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1953
5,566 sqft 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
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Listed by: Dan Reedy • DanReedy, Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579671