700 E 8th St UNIT 11RKansas CityMO64106
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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 E 8th St UNIT 11R, Kansas City, MO, 64106 offers a 9.6% rental yield on a $115,000 purchase with $920/mo rent. Total monthly income registers $920/mo, and a $563/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,444/yr on $38,123 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 137.33% and total cumulative return in cash at $52,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $920/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64106, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,853 (100%) |
| Owner Occupied HU | 847 (12.4%) |
| Renter Occupied HU | 5,164 (75.4%) |
| Vacant Housing Units | 842 (12.3%) |
| Median Home Value | $309,690 |
| Average Home Value | $337,804 |
Housing Distribution
Address Breakdown
Residential
5,463
Single Family
1,497
Multi-Family
3,966
Businesses
813
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Listed by: Tyler Breed • 1st Class Real Estate KC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2595550