1120 NW Aspen CtGrain ValleyMO64029
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 Grain Valley at 1120 NW Aspen Ct, Grain Valley, MO, 64029 priced at $430,000 converts $2,821/mo rent into after a $2,105/mo obligation. Total monthly income equals $2,821/mo. Return on cash invested prints 19.82% in year one, and rental yield reads 7.87% against a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation compiles into $118,801 by year five. Five-year ROI reaches 102.86% and total cumulative return in cash sums $146,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,821/mo property income covering a $2,105/mo payment, not borrower’s personal income.
Single Family
Built in 2022
10,112 sqft lot
$N/A/sqft
$400 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richey Real Estate Group • ReeceNichols - Lees Summit
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2507357
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604