524 Colorado AveKansas CityMO64124
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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 524 Colorado Ave, Kansas City, MO, 64124 offers $1,455/mo rent that, after a $905/mo payment, leaves $303/mo cash flow. Total monthly income is $1,455/mo, and annual cash flow is $3,642/yr on $61,294 cash. Return on cash invested measures 25.85% in year one, and rental yield stands at 9.44% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 134.8% and total cumulative return in cash reaches $82,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,455/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64124, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,097 (100%) |
| Owner Occupied HU | 1,902 (37.3%) |
| Renter Occupied HU | 2,378 (46.7%) |
| Vacant Housing Units | 817 (16.0%) |
| Median Home Value | $114,201 |
| Average Home Value | $172,546 |
Housing Distribution
Address Breakdown
Residential
4,735
Single Family
3,834
Multi-Family
901
Businesses
241
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Listed by: Rachel Rodriguez Perez • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579986