718 NE 42nd TerKansas CityMO64116
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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 718 NE 42nd Ter, Kansas City, MO, 64116 listed at $325,000 pairs $3,118/mo rent with a $1,591/mo payment to leave $1,094/mo cash flow. Total monthly income runs $3,118/mo, and annual cash flow reaches $13,124/yr on $107,738 cash to close. Return on cash invested measures 32.09% in year one, and rental yield registers 11.51% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 168.22% and total cumulative return in cash totals $181,237. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,118/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64116, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,954 (100%) |
| Owner Occupied HU | 3,835 (35.0%) |
| Renter Occupied HU | 6,165 (56.3%) |
| Vacant Housing Units | 954 ( 8.7%) |
| Median Home Value | $247,048 |
| Average Home Value | $295,385 |
Housing Distribution
Address Breakdown
Residential
8,849
Single Family
7,016
Multi-Family
1,833
Businesses
1,415
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Listed by: C. Suzanne Crews • RE/MAX Premier Properties
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2598030