815 Elmwood AveKansas CityMO64124
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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 815 Elmwood Ave, Kansas City, MO, 64124 offers a 9.65% rental yield on a $109,900 purchase with $884/mo rent. Total monthly income registers $884/mo, and a $538/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,394/yr on $36,432 to close, and return on cash invested stands at 26.48% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 138.19% and total cumulative return in cash at $50,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $884/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64124, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,097 (100%) |
| Owner Occupied HU | 1,902 (37.3%) |
| Renter Occupied HU | 2,378 (46.7%) |
| Vacant Housing Units | 817 (16.0%) |
| Median Home Value | $114,201 |
| Average Home Value | $172,546 |
Housing Distribution
Address Breakdown
Residential
4,735
Single Family
3,834
Multi-Family
901
Businesses
241
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Listed by: Wes Graves • RE/MAX Elite, REALTORS
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2581052