8618 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
Investment property for sale in Kansas City at 8618 Corrington Ave, Kansas City, MO, 64138 earns $171/mo cash flow from $912/mo rent with a $582/mo payment. Total monthly income totals $912/mo, and annual cash flow totals $2,056/yr on $39,449 capital. ROI tracks 25.12% on current figures, and rental yield reads 9.2% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 130.94% and total cumulative return in cash sums $51,653. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $912/mo property income instead of your personal income.
Single Family
Built in 1955
9,663 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: Carrie Donigan • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2588170