513 E 29th AveKansas CityMO64116
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 513 E 29th Ave, Kansas City, MO, 64116 in Kansas City. Rental yield 4.39%. At $399,500 with 4.39% gross yield, current distributions are modest, but the 5% appreciation rate projects $110,374 in new equity by year five, complemented by $3,679/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.81) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $85,645.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.2% |
| Monthly Cash Flow | $(1,025) | $300 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,463 |
| Total Monthly Debt Service | $2,329 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
3,920 sqft lot
$N/A/sqft
No 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
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
Single Family
Built in 2006
3,920 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick Kingcade • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2577942