840 Miami AveKansas CityKS66105
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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 840 Miami Ave, Kansas City, KS, 66105 priced at $139,950 pairs $1,014/mo rent with $83/mo cash flow after a $685/mo payment. Total monthly income equals $1,014/mo, and annual cash flow comes to $995/yr on $46,393 invested. Return on cash invested is 22.05% in year one, and rental yield stands at 8.69% on a $139,950 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,666 by year five. Five-year ROI measures 114.94% and total cumulative return in cash reaches $53,323. For financing, Ziffy Mortgage’s DSCR program evaluates $1,014/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66105, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 480 (49.9%) |
| Renter Occupied HU | 363 (37.8%) |
| Vacant Housing Units | 118 (12.3%) |
| Median Home Value | $54,020 |
| Average Home Value | $93,011 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
865
Multi-Family
3
Businesses
346
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Listed by: Mariela Blanco • Lynch Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589630