600 E 8th St APT 7PKansas CityMO64106
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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 600 E 8th St APT 7P, Kansas City, MO, 64106 generates $871/mo in rent and, after a $538/mo payment, leaves $186/mo in cash flow. Total monthly income is $871/mo, and annual cash flow is $2,236/yr on $36,465 invested. Return on cash invested sits at 26.04% in year one, and rental yield is 9.5% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 135.84% and total cumulative return in cash sums $49,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $871/mo property income rather than buyer’s personal income.
Condo
Built in 1967
620 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
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Listed by: Amy Sanchez • ReeceNichols Sunflower Realty Group
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584881