700 Broadway Blvd #508Kansas CityMO64105
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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 700 Broadway Blvd #508, Kansas City, MO, 64105 uses $58,013 cash to close to unlock $3,596/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,390/mo, and a $857/mo payment keeps the spread at $300/mo. Purchase price stands at $175,000, and rental yield measures 9.53% with $1,390/mo rent. Return on cash invested shows 26.11% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 136.16% and total cumulative return in cash records $78,991. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,390/mo property income covering a $857/mo payment rather than investor’s personal income.
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
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Listed by: Melissa Rousselo • EXP Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2583546