606 NE 115th StKansas CityMO64155
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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 606 NE 115th St, Kansas City, MO, 64155 offers a 8.79% rental yield on a $298,000 purchase with $2,183/mo rent. Total monthly income registers $2,183/mo, and a $1,459/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,920/yr on $98,787 to close, and return on cash invested stands at 23.88% in year one. Equity gained on principal adds $1,923/yr while 5% annual appreciation supports $82,332 over five years. Portfolio math shows five-year ROI at 124.17% and total cumulative return in cash at $122,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,183/mo property income against a $1,459/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64155, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,758 (100%) |
| Owner Occupied HU | 7,940 (67.5%) |
| Renter Occupied HU | 3,479 (29.6%) |
| Vacant Housing Units | 339 ( 2.9%) |
| Median Home Value | $313,154 |
| Average Home Value | $361,920 |
Housing Distribution
Address Breakdown
Residential
11,910
Single Family
10,554
Multi-Family
1,356
Businesses
317
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Listed by: Donyae Thomas • RE/MAX Revolution
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2586831