8701 Ward PkwyKansas CityMO64114
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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 8701 Ward Pkwy, Kansas City, MO, 64114 uses $107,738 cash to close to unlock $10,196/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $2,874/mo, and a $1,591/mo payment keeps the spread at $850/mo. Purchase price stands at $325,000, and rental yield measures 10.61% with $2,874/mo rent. Return on cash invested shows 29.37% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 153.65% and total cumulative return in cash records $165,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,874/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64114, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,533 (100%) |
| Owner Occupied HU | 7,398 (59.0%) |
| Renter Occupied HU | 4,295 (34.3%) |
| Vacant Housing Units | 840 ( 6.7%) |
| Median Home Value | $289,018 |
| Average Home Value | $307,679 |
Housing Distribution
Address Breakdown
Residential
12,695
Single Family
10,359
Multi-Family
2,336
Businesses
1,066
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Listed by: Julie Kardis • ReeceNichols - Leawood
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592751