6532 NW Melody CtParkvilleMO64152
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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 Parkville at 6532 NW Melody Ct, Parkville, MO, 64152 generates $3,120/mo in rent and, after a $1,835/mo payment, leaves $785/mo in cash flow. Total monthly income is $3,120/mo, and annual cash flow is $9,420/yr on $124,313 invested. Return on cash invested sits at 27.49% in year one, and rental yield is 9.98% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 143.51% and total cumulative return in cash sums $178,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64152, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,257 (100%) |
| Owner Occupied HU | 9,477 (77.3%) |
| Renter Occupied HU | 2,429 (19.8%) |
| Vacant Housing Units | 351 ( 2.9%) |
| Median Home Value | $432,251 |
| Average Home Value | $459,429 |
Housing Distribution
Address Breakdown
Residential
12,393
Single Family
12,163
Multi-Family
230
Businesses
690
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