513 E 29th AveKansas CityMO64116
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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 513 E 29th Ave, Kansas City, MO, 64116 earns from $1,463/mo rent with a $1,955/mo payment. Total monthly income totals $1,463/mo. ROI tracks 10.62% on current figures, and rental yield reads 4.39% at a $399,500 purchase. Equity gained on principal adds $2,578/yr, and 5% annual appreciation supports $110,374 over five years. Five-year ROI reaches 53.12% and total cumulative return in cash sums $70,347. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,463/mo property income instead of your personal income.
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
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Listed by: Rick Kingcade • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2577942