816 Garfield AveKansas CityKS66101
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 816 Garfield Ave, Kansas City, KS, 66101 earns $197/mo cash flow from $1,361/mo rent with a $856/mo payment. Total monthly income totals $1,361/mo, and annual cash flow totals $2,370/yr on $57,979 capital. ROI tracks 24% on current figures, and rental yield reads 9.34% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 125.42% and total cumulative return in cash sums $72,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,361/mo property income instead of your personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66101, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 1,953 (33.3%) |
| Renter Occupied HU | 2,839 (48.4%) |
| Vacant Housing Units | 1,079 (18.4%) |
| Median Home Value | $93,800 |
| Average Home Value | $150,177 |
Housing Distribution
Address Breakdown
Residential
4,652
Single Family
4,006
Multi-Family
646
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dottie Bradley • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597198