1508 SW Smith StBlue SpringsMO64015
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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
Investment property for sale in Blue Springs at 1508 SW Smith St, Blue Springs, MO, 64015 listed at $259,000 pairs $1,539/mo rent with a $1,268/mo payment. Total monthly income runs $1,539/mo. Return on cash invested measures 18.87% in year one, and rental yield registers 7.13% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 97.34% and total cumulative return in cash totals $83,572. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,539/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
9,111 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64015, Blue Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,181 (100%) |
| Owner Occupied HU | 9,311 (70.6%) |
| Renter Occupied HU | 3,302 (25.1%) |
| Vacant Housing Units | 568 ( 4.3%) |
| Median Home Value | $283,990 |
| Average Home Value | $312,095 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
12,972
Multi-Family
261
Businesses
836
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Listed by: Shane Cleary • Vidcor LLC
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2548381
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-08 09:58:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604