5948 Richmond AveKansas CityKS66102
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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 5948 Richmond Ave, Kansas City, KS, 66102 earns from $1,674/mo rent with a $1,737/mo payment. Total monthly income totals $1,674/mo. ROI tracks 12.9% on current figures, and rental yield reads 5.66% at a $354,900 purchase. Equity gained on principal adds $2,290/yr, and 5% annual appreciation supports $98,052 over five years. Five-year ROI reaches 65.86% and total cumulative return in cash sums $77,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,674/mo property income instead of your personal income.
Single Family
Built in 1966
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66102, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,364 (100%) |
| Owner Occupied HU | 5,244 (46.1%) |
| Renter Occupied HU | 4,782 (42.1%) |
| Vacant Housing Units | 1,338 (11.8%) |
| Median Home Value | $148,789 |
| Average Home Value | $179,020 |
Housing Distribution
Address Breakdown
Residential
10,474
Single Family
9,147
Multi-Family
1,327
Businesses
639
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Listed by: Carlos Maderos • New Life Realty of Kansas City
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591791