59 S 8th StKansas CityKS66101
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 59 S 8th St, Kansas City, KS, 66101 offers a 9.48% rental yield on a $150,000 purchase with $1,185/mo rent. Total monthly income registers $1,185/mo, and a $734/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,247/yr on $49,725 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 127.75% and total cumulative return in cash at $63,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,185/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Massey • Greater Kansas City Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2593042