6623 Olive StKansas CityMO64132
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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 6623 Olive St, Kansas City, MO, 64132 offers a 9.27% rental yield on a $130,000 purchase with $1,004/mo rent. Total monthly income registers $1,004/mo, and a $636/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,336/yr on $43,095 to close, and return on cash invested stands at 25.33% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 131.99% and total cumulative return in cash at $56,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,004/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64132, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 2,212 (31.6%) |
| Renter Occupied HU | 3,526 (50.4%) |
| Vacant Housing Units | 1,262 (18.0%) |
| Median Home Value | $112,090 |
| Average Home Value | $145,803 |
Housing Distribution
Address Breakdown
Residential
5,970
Single Family
5,570
Multi-Family
400
Businesses
330
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Listed by: Access KC Group • Compass Realty Group
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2562831