903 NW 62nd TerKansas CityMO64118
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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 903 NW 62nd Ter, Kansas City, MO, 64118 earns $86/mo cash flow from $2,160/mo rent with a $1,630/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $1,032/yr on $110,390 capital. ROI tracks 20.84% on current figures, and rental yield reads 7.78% at a $333,000 purchase. Equity gained on principal adds $2,149/yr, and 5% annual appreciation supports $92,002 over five years. Five-year ROI reaches 107.91% and total cumulative return in cash sums $119,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 1997
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64118, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,423 (100%) |
| Owner Occupied HU | 11,363 (58.5%) |
| Renter Occupied HU | 7,336 (37.8%) |
| Vacant Housing Units | 724 ( 3.7%) |
| Median Home Value | $251,319 |
| Average Home Value | $291,192 |
Housing Distribution
Address Breakdown
Residential
19,225
Single Family
16,463
Multi-Family
2,762
Businesses
858
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Listed by: Rachel Baer • Keller Williams KC North
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2574896