1341 SE Broadway Cir UNIT 284-ALees 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 1341 SE Broadway Cir UNIT 284-A, Lees Summit, MO, 64081 generates $2,318/mo in rent and, after a $986/mo payment, leaves $1,016/mo in cash flow. Total monthly income is $2,318/mo, and annual cash flow is $12,196/yr on $66,764 invested. Return on cash invested sits at 38.18% in year one, and rental yield is 13.81% on a $201,400 entry. Equity gained on principal adds $1,300/yr, while 5% annual appreciation builds toward $55,643 over five years. Five-year ROI reaches 201.2% and total cumulative return in cash sums $134,331. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,318/mo property income rather than buyer’s personal income.
Condo
Built in 2002
871.20 sqft 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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Listed by: N/A • N/A
Mls Name: ReeceNichols Real Estate
Mls Provider:
Mls ID: #2500541