7301 Myrtle AveKansas CityMO64132
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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 7301 Myrtle Ave, Kansas City, MO, 64132 uses $74,588 cash to close to unlock $1,548/yr annual cash flow and $129/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $1,101/mo payment keeps the spread at $129/mo. Purchase price stands at $225,000, and rental yield measures 8.16% with $1,530/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash records $85,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,693 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64132, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 2,212 (31.6%) |
| Renter Occupied HU | 3,526 (50.4%) |
| Vacant Housing Units | 1,262 (18.0%) |
| Median Home Value | $112,090 |
| Average Home Value | $145,803 |
Housing Distribution
Address Breakdown
Residential
5,970
Single Family
5,570
Multi-Family
400
Businesses
330
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Listed by: Stacy Padilla • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592443