1015 SE 3rd TerLees SummitMO64063
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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 Lees Summit at 1015 SE 3rd Ter, Lees Summit, MO, 64063 listed at $308,800 pairs $2,489/mo rent with a $1,511/mo payment to leave $551/mo cash flow. Total monthly income runs $2,489/mo, and annual cash flow reaches $6,613/yr on $102,367 cash to close. Return on cash invested measures 26.37% in year one, and rental yield registers 9.67% at a $308,800 basis. Equity gained on principal adds $1,993/yr, and annual property appreciation at 5% supports $85,316 by year five. Five-year ROI tracks 137.64% and total cumulative return in cash totals $140,895. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,489/mo property income relative to a $1,511/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64063, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,897 (100%) |
| Owner Occupied HU | 5,603 (63.0%) |
| Renter Occupied HU | 2,937 (33.0%) |
| Vacant Housing Units | 357 ( 4.0%) |
| Median Home Value | $276,700 |
| Average Home Value | $301,397 |
Housing Distribution
Address Breakdown
Residential
8,480
Single Family
8,176
Multi-Family
304
Businesses
1,302
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A