700 E 8th St UNIT 12RKansas 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 12R, Kansas City, MO, 64106 earns $184/mo cash flow from $897/mo rent with a $560/mo payment. Total monthly income totals $897/mo, and annual cash flow totals $2,212/yr on $37,957 capital. ROI tracks 25.74% on current figures, and rental yield reads 9.4% at a $114,500 purchase. Equity gained on principal adds $739/yr, and 5% annual appreciation supports $31,634 over five years. Five-year ROI reaches 134.23% and total cumulative return in cash sums $50,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $897/mo property income instead of your personal income.
Condo
Built in 1972
614 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: Rachel Parra • 1st Class Real Estate KC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2574499