100 Lakeland DrSmithvilleMO64089
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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 Smithville at 100 Lakeland Dr, Smithville, MO, 64089 uses $96,102 cash to close to unlock $5,694/yr annual cash flow and $474/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,419/mo payment keeps the spread at $474/mo. Purchase price stands at $289,900, and rental yield measures 9.44% with $2,280/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 134.68% and total cumulative return in cash records $129,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64089, Smithville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,489 (100%) |
| Owner Occupied HU | 4,430 (80.7%) |
| Renter Occupied HU | 891 (16.2%) |
| Vacant Housing Units | 168 ( 3.1%) |
| Median Home Value | $363,821 |
| Average Home Value | $447,894 |
Housing Distribution
Address Breakdown
Residential
5,436
Single Family
5,436
Multi-Family
0
Businesses
366
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Listed by: SimmonsSales Team • RE/MAX Area Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594913