840 Miami AveKansas CityKS66105
INVESTMENT ANALYSIS
Investment Verdict
Solid Income840 Miami Ave, Kansas City, KS, 66105 in Kansas City earns a respectable 8.69% gross yield at $139,950, but after the $629/mo mortgage the net cash flow is $83/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.61) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $38,666 over five years, making equity the dominant return driver. Total projected return: $58,700.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 8.0% |
| Monthly Cash Flow | $83 | $1,200 |
City averages based on Kansas City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,014 |
| Total Monthly Debt Service | $875 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mariela Blanco • Lynch Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589630