6203 Morningside DrKansas CityMO64113
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 6203 Morningside Dr, Kansas City, MO, 64113 in Kansas City at $519,000. Rental yield 6.81%. The 6.81% yield and 1.26 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $143,390 by year five, and $4,780/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $178,442.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(286) | $300 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,946 |
| Total Monthly Debt Service | $3,026 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64113, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,926 (100%) |
| Owner Occupied HU | 4,475 (90.8%) |
| Renter Occupied HU | 266 ( 5.4%) |
| Vacant Housing Units | 185 ( 3.8%) |
| Median Home Value | $482,826 |
| Average Home Value | $561,888 |
Housing Distribution
Address Breakdown
Residential
4,870
Single Family
4,684
Multi-Family
186
Businesses
363
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
Single Family
Built in 1925
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64113, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,926 (100%) |
| Owner Occupied HU | 4,475 (90.8%) |
| Renter Occupied HU | 266 ( 5.4%) |
| Vacant Housing Units | 185 ( 3.8%) |
| Median Home Value | $482,826 |
| Average Home Value | $561,888 |
Housing Distribution
Address Breakdown
Residential
4,870
Single Family
4,684
Multi-Family
186
Businesses
363
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Guide Group • Compass Realty Group
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591739