1015 SE 6th StLees 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 6th St, Lees Summit, MO, 64063 earns $463/mo cash flow from $2,382/mo rent with a $1,508/mo payment. Total monthly income totals $2,382/mo, and annual cash flow totals $5,560/yr on $102,102 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.28% at a $308,000 purchase. Equity gained on principal adds $1,987/yr, and 5% annual appreciation supports $85,095 over five years. Five-year ROI reaches 132.12% and total cumulative return in cash sums $134,896. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,382/mo property income instead of your personal income.
Single Family
Built in 1980
8,398 sqft 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: Shelly McCanless • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2593250