6924 NE 56th StKansas CityMO64119
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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 6924 NE 56th St, Kansas City, MO, 64119 listed at $149,900 pairs $1,174/mo rent with a $734/mo payment to leave $240/mo cash flow. Total monthly income runs $1,174/mo, and annual cash flow reaches $2,882/yr on $49,692 cash to close. Return on cash invested measures 25.71% in year one, and rental yield registers 9.4% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 134.1% and total cumulative return in cash totals $66,635. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,174/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64119, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,373 (100%) |
| Owner Occupied HU | 9,756 (73.0%) |
| Renter Occupied HU | 3,100 (23.2%) |
| Vacant Housing Units | 517 ( 3.9%) |
| Median Home Value | $269,291 |
| Average Home Value | $306,353 |
Housing Distribution
Address Breakdown
Residential
13,530
Single Family
12,513
Multi-Family
1,017
Businesses
645
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Listed by: Bettina O Brien • ReeceNichols-KCN
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582171