532 Parallel AveKansas CityKS66101
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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 532 Parallel Ave, Kansas City, KS, 66101 uses $43,095 cash to close to unlock $1,841/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,018/mo, and a $636/mo payment keeps the spread at $153/mo. Purchase price stands at $130,000, and rental yield measures 9.4% with $1,018/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 126.45% and total cumulative return in cash records $54,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,018/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66101, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 1,953 (33.3%) |
| Renter Occupied HU | 2,839 (48.4%) |
| Vacant Housing Units | 1,079 (18.4%) |
| Median Home Value | $93,800 |
| Average Home Value | $150,177 |
Housing Distribution
Address Breakdown
Residential
4,652
Single Family
4,006
Multi-Family
646
Businesses
477
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Listed by: Trisha Alton • Realty Executives
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2564011