8604 Corrington AveKansas CityMO64138
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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 8604 Corrington Ave, Kansas City, MO, 64138 generates $1,326/mo in rent and, after a $857/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,326/mo, and annual cash flow is $2,828/yr on $58,013 invested. Return on cash invested sits at 24.78% in year one, and rental yield is 9.09% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 129.05% and total cumulative return in cash sums $74,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,326/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64138, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,269 (100%) |
| Owner Occupied HU | 6,145 (54.5%) |
| Renter Occupied HU | 4,330 (38.4%) |
| Vacant Housing Units | 794 ( 7.0%) |
| Median Home Value | $182,190 |
| Average Home Value | $231,084 |
Housing Distribution
Address Breakdown
Residential
10,850
Single Family
9,270
Multi-Family
1,580
Businesses
428
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Listed by: Holly Jones • Weichert Realtors - Generations
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2577048