118 NW Grady CtLees SummitMO64081
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 118 NW Grady Ct, Lees Summit, MO, 64081 priced at $602,200 pairs $2,332/mo rent with after a $2,947/mo payment. Total monthly income equals $2,332/mo. Return on cash invested is 10.78% in year one, and rental yield stands at 4.65% on a $602,200 basis. Equity gained on principal adds $3,886/yr, and 5% annual appreciation accumulates to $166,377 by year five. Five-year ROI measures 54.16% and total cumulative return in cash reaches $107,298. For financing, Ziffy Mortgage’s DSCR program evaluates $2,332/mo property income against a $2,947/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64081, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,912 (100%) |
| Owner Occupied HU | 7,707 (64.7%) |
| Renter Occupied HU | 3,338 (28.0%) |
| Vacant Housing Units | 867 ( 7.3%) |
| Median Home Value | $331,646 |
| Average Home Value | $362,123 |
Housing Distribution
Address Breakdown
Residential
10,542
Single Family
9,304
Multi-Family
1,238
Businesses
538
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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