522 Locust Ln UNIT 110Kansas CityMO64106
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
Investment Highlights
Investment property for sale in Kansas City at 522 Locust Ln UNIT 110, Kansas City, MO, 64106 uses $125,970 cash to close to unlock $6,112/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $2,876/mo, and a $1,860/mo payment keeps the spread at $509/mo. Purchase price stands at $380,000, and rental yield measures 9.08% with $2,876/mo rent. Return on cash invested shows 24.76% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 128.94% and total cumulative return in cash records $162,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,876/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Condo
Built in N/A
802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64106, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,853 (100%) |
| Owner Occupied HU | 847 (12.4%) |
| Renter Occupied HU | 5,164 (75.4%) |
| Vacant Housing Units | 842 (12.3%) |
| Median Home Value | $309,690 |
| Average Home Value | $337,804 |
Housing Distribution
Address Breakdown
Residential
5,463
Single Family
1,497
Multi-Family
3,966
Businesses
813
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Sharpsteen • Real Broker, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2587154