438 N 83rd StKansas CityKS66112
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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 438 N 83rd St, Kansas City, KS, 66112 generates $1,165/mo in rent and, after a $734/mo payment, leaves $167/mo in cash flow. Total monthly income is $1,165/mo, and annual cash flow is $2,007/yr on $49,725 invested. Return on cash invested sits at 23.95% in year one, and rental yield is 9.32% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 125.19% and total cumulative return in cash sums $62,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,165/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
8,930 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66112, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,731 (100%) |
| Owner Occupied HU | 2,480 (43.3%) |
| Renter Occupied HU | 2,652 (46.3%) |
| Vacant Housing Units | 599 (10.5%) |
| Median Home Value | $209,181 |
| Average Home Value | $222,493 |
Housing Distribution
Address Breakdown
Residential
5,606
Single Family
5,232
Multi-Family
374
Businesses
511
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Listed by: Lindsay Vogt • West Village Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2570860