6833 NE 116th TerKansas CityMO64156
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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 6833 NE 116th Ter, Kansas City, MO, 64156 listed at $249,999 pairs $1,799/mo rent with a $1,224/mo payment to leave $242/mo cash flow. Total monthly income runs $1,799/mo, and annual cash flow reaches $2,900/yr on $82,875 cash to close. Return on cash invested measures 23.41% in year one, and rental yield registers 8.64% at a $249,999 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 121.67% and total cumulative return in cash totals $100,834. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,799/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2008
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64156, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,290 (100%) |
| Owner Occupied HU | 2,438 (74.1%) |
| Renter Occupied HU | 707 (21.5%) |
| Vacant Housing Units | 145 ( 4.4%) |
| Median Home Value | $432,844 |
| Average Home Value | $444,820 |
Housing Distribution
Address Breakdown
Residential
3,372
Single Family
2,716
Multi-Family
656
Businesses
22
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Listed by: Katie Prewitt • Chartwell Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2595031