1409 Newport LnRaymoreMO64083
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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 Raymore at 1409 Newport Ln, Raymore, MO, 64083 uses $135,915 cash to close to unlock $3,121/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,825/mo, and a $2,007/mo payment keeps the spread at $260/mo. Purchase price stands at $410,000, and rental yield measures 8.27% with $2,825/mo rent. Return on cash invested shows 22.21% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 115.27% and total cumulative return in cash records $156,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,825/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 2022
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64083, Raymore, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 7,879 (72.0%) |
| Renter Occupied HU | 2,415 (22.1%) |
| Vacant Housing Units | 652 ( 6.0%) |
| Median Home Value | $337,858 |
| Average Home Value | $367,671 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
10,415
Multi-Family
141
Businesses
453
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