107 NE Greystone DrLees SummitMO64086
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 Lees Summit at 107 NE Greystone Dr, Lees Summit, MO, 64086 priced at $189,000 converts $1,509/mo rent into $332/mo cash flow after a $925/mo obligation. Total monthly income equals $1,509/mo, and annual cash flow totals $3,984/yr on $62,654 invested. Return on cash invested prints 26.27% in year one, and rental yield reads 9.58% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 136.98% and total cumulative return in cash sums $85,822. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,509/mo property income covering a $925/mo payment, not borrower’s personal income.
Townhouse
Built in 1987
847 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64086, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 6,924 (65.7%) |
| Renter Occupied HU | 2,814 (26.7%) |
| Vacant Housing Units | 803 ( 7.6%) |
| Median Home Value | $322,130 |
| Average Home Value | $384,189 |
Housing Distribution
Address Breakdown
Residential
10,279
Single Family
9,416
Multi-Family
863
Businesses
621
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Esry • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569997