915 Washington St APT 204Kansas CityMO64105
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
Investment Highlights
Rental property for sale in Kansas City at 915 Washington St APT 204, Kansas City, MO, 64105 generates $1,296/mo in rent and, after a $798/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,296/mo, and annual cash flow is $3,368/yr on $54,035 invested. Return on cash invested sits at 26.14% in year one, and rental yield is 9.54% on a $163,000 entry. Equity gained on principal adds $1,052/yr, while 5% annual appreciation builds toward $45,034 over five years. Five-year ROI reaches 136.33% and total cumulative return in cash sums $73,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,296/mo property income rather than buyer’s personal income.
Condo
Built in 1992
598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64105, Kansas City, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,927 (100%) |
| Owner Occupied HU | 474 ( 9.6%) |
| Renter Occupied HU | 3,922 (79.6%) |
| Vacant Housing Units | 531 (10.8%) |
| Median Home Value | $279,375 |
| Average Home Value | $315,677 |
Housing Distribution
Address Breakdown
Residential
5,754
Single Family
791
Multi-Family
4,963
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Zimmerlin • ReeceNichols - Leawood
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2552503