7924 New Jersey AveKansas CityKS66112
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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 7924 New Jersey Ave, Kansas City, KS, 66112 offers a 8.04% rental yield on a $250,000 purchase with $1,674/mo rent. Total monthly income registers $1,674/mo, and a $1,224/mo payment leaves $10/mo available for distribution. Annual cash flow reaches $125/yr on $82,875 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 104.29% and total cumulative return in cash at $86,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,674/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66112, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,731 (100%) |
| Owner Occupied HU | 2,480 (43.3%) |
| Renter Occupied HU | 2,652 (46.3%) |
| Vacant Housing Units | 599 (10.5%) |
| Median Home Value | $209,181 |
| Average Home Value | $222,493 |
Housing Distribution
Address Breakdown
Residential
5,606
Single Family
5,232
Multi-Family
374
Businesses
511
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Listed by: Tin Thang • 1st Class Real Estate KC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2595427