803 W 48th St APT 601Kansas CityMO64112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 803 W 48th St APT 601, Kansas City, MO, 64112 listed at $239,000 pairs $1,420/mo rent with a $1,170/mo payment. Total monthly income runs $1,420/mo. Return on cash invested measures 18.87% in year one, and rental yield registers 7.13% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 97.34% and total cumulative return in cash totals $77,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,420/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1961
934 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64112, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,278 (100%) |
| Owner Occupied HU | 2,231 (35.5%) |
| Renter Occupied HU | 3,188 (50.8%) |
| Vacant Housing Units | 859 (13.7%) |
| Median Home Value | $493,820 |
| Average Home Value | $629,630 |
Housing Distribution
Address Breakdown
Residential
5,727
Single Family
2,006
Multi-Family
3,721
Businesses
536
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Lamb • Compass Realty Group
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2585062