700 Broadway Blvd #508Kansas CityMO64105
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 700 Broadway Blvd #508, Kansas City, MO, 64105 in Kansas City. At $167,000 it earns $1,666/mo in rent and distributes $241/mo to the owner after the $751/mo payment, a consistent 11.97% yield. DSCR 2.22 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $46,139 in value; $1,538/yr in principal paydown compounds ownership stake. Total projected return: $103,666.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $241 | $300 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,666 |
| Total Monthly Debt Service | $974 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1898
743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64105, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 474 ( 9.6%) |
| Renter Occupied HU | 3,922 (79.6%) |
| Vacant Housing Units | 531 (10.8%) |
| Median Home Value | $279,375 |
| Average Home Value | $315,677 |
Housing Distribution
Address Breakdown
Residential
5,754
Single Family
791
Multi-Family
4,963
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1898
743 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64105, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 474 ( 9.6%) |
| Renter Occupied HU | 3,922 (79.6%) |
| Vacant Housing Units | 531 (10.8%) |
| Median Home Value | $279,375 |
| Average Home Value | $315,677 |
Housing Distribution
Address Breakdown
Residential
5,754
Single Family
791
Multi-Family
4,963
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Rousselo • Real Broker, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2601851