8039 N Elmwood AveKansas CityMO64119
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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
Rental property for sale in Kansas City at 8039 N Elmwood Ave, Kansas City, MO, 64119 generates $1,473/mo in rent and, after a $929/mo payment, leaves $291/mo in cash flow. Total monthly income is $1,473/mo, and annual cash flow is $3,490/yr on $62,952 invested. Return on cash invested sits at 25.45% in year one, and rental yield is 9.31% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 132.62% and total cumulative return in cash sums $83,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,473/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64119, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,373 (100%) |
| Owner Occupied HU | 9,756 (73.0%) |
| Renter Occupied HU | 3,100 (23.2%) |
| Vacant Housing Units | 517 ( 3.9%) |
| Median Home Value | $269,291 |
| Average Home Value | $306,353 |
Housing Distribution
Address Breakdown
Residential
13,530
Single Family
12,513
Multi-Family
1,017
Businesses
645
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Listed by: Dave Baldwin • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592100