1403 SE Lexington Ave #137BLees SummitMO64081
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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 Lees Summit at 1403 SE Lexington Ave #137B, Lees Summit, MO, 64081 generates $1,896/mo in rent and, after a $898/mo payment, leaves $731/mo in cash flow. Total monthly income is $1,896/mo, and annual cash flow is $8,776/yr on $60,830 invested. Return on cash invested sits at 34.34% in year one, and rental yield is 12.4% on a $183,500 entry. Equity gained on principal adds $1,184/yr, while 5% annual appreciation builds toward $50,698 over five years. Five-year ROI reaches 180.46% and total cumulative return in cash sums $109,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,896/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
892.98 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: #2502499