1404 SE Lexington Ave #154BLees 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
Investment property for sale in Lees Summit at 1404 SE Lexington Ave #154B, Lees Summit, MO, 64081 uses $50,720 cash to close to unlock $10,459/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $2,056/mo, and a $749/mo payment keeps the spread at $872/mo. Purchase price stands at $153,000, and rental yield measures 16.13% with $2,056/mo rent. Return on cash invested shows 40.53% in year one, and 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 215.49% and total cumulative return in cash records $109,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,056/mo property income covering a $749/mo payment rather than investor’s personal income.
Single Family
Built in 2000
894 sqft lot
$N/A/sqft
$184 monthly 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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