6203 Morningside DrKansas CityMO64113
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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 6203 Morningside Dr, Kansas City, MO, 64113 listed at $519,000 pairs $2,946/mo rent with a $2,540/mo payment. Total monthly income runs $2,946/mo. Return on cash invested measures 18.05% in year one, and rental yield registers 6.81% at a $519,000 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,390 by year five. Five-year ROI tracks 92.88% and total cumulative return in cash totals $158,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,946/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Guide Group • Compass Realty Group
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591739