11 Emerald Shore DrLake TapawingoMO64015
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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
Rental property for sale in Lake Tapawingo at 11 Emerald Shore Dr, Lake Tapawingo, MO, 64015 generates $2,746/mo in rent and, after a $1,786/mo payment, leaves $473/mo in cash flow. Total monthly income is $2,746/mo, and annual cash flow is $5,680/yr on $120,998 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.03% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash sums $154,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,746/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
6,127 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64015, Blue Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,181 (100%) |
| Owner Occupied HU | 9,311 (70.6%) |
| Renter Occupied HU | 3,302 (25.1%) |
| Vacant Housing Units | 568 ( 4.3%) |
| Median Home Value | $283,990 |
| Average Home Value | $312,095 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
12,972
Multi-Family
261
Businesses
836
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Listed by: Jenny Nagel • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569197