700 W 31st St SUITE 1502Kansas CityMO64108
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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 W 31st St SUITE 1502, Kansas City, MO, 64108 offers a 2.07% rental yield on a $1,045,000 purchase with $1,799/mo rent. 68% in year one. Equity gained on principal adds $6,743/yr while 5% annual appreciation supports $288,714 over five years. Portfolio math shows five-year ROI at 15.76% and total cumulative return in cash at $53,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,799/mo property income against a $5,115/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64108, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,827 (100%) |
| Owner Occupied HU | 1,691 (21.6%) |
| Renter Occupied HU | 4,865 (62.2%) |
| Vacant Housing Units | 1,271 (16.2%) |
| Median Home Value | $355,447 |
| Average Home Value | $388,527 |
Housing Distribution
Address Breakdown
Residential
7,175
Single Family
3,414
Multi-Family
3,761
Businesses
1,509
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Listed by: Heather Brown • ReeceNichols - Parkville
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2595867