7109 N Park AveGladstoneMO64118
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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 Gladstone at 7109 N Park Ave, Gladstone, MO, 64118 offers a 6.99% rental yield on a $350,000 purchase with $2,040/mo rent. 46% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 95.16% and total cumulative return in cash at $110,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1965
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64118, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,423 (100%) |
| Owner Occupied HU | 11,363 (58.5%) |
| Renter Occupied HU | 7,336 (37.8%) |
| Vacant Housing Units | 724 ( 3.7%) |
| Median Home Value | $251,319 |
| Average Home Value | $291,192 |
Housing Distribution
Address Breakdown
Residential
19,225
Single Family
16,463
Multi-Family
2,762
Businesses
858
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