201 SW Seagull StLees SummitMO64082
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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 201 SW Seagull St, Lees Summit, MO, 64082 priced at $599,500 converts $3,104/mo rent into after a $2,934/mo obligation. Total monthly income equals $3,104/mo. Return on cash invested prints 15.94% in year one, and rental yield reads 6.21% against a $599,500 entry. Equity gained on principal adds $3,868/yr, while 5% annual appreciation compiles into $165,631 by year five. Five-year ROI reaches 81.68% and total cumulative return in cash sums $161,099. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,104/mo property income covering a $2,934/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.32 Acres lot
$N/A/sqft
$145 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64082, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,912 (100%) |
| Owner Occupied HU | 5,820 (84.2%) |
| Renter Occupied HU | 915 (13.2%) |
| Vacant Housing Units | 177 ( 2.6%) |
| Median Home Value | $389,098 |
| Average Home Value | $408,603 |
Housing Distribution
Address Breakdown
Residential
7,178
Single Family
6,643
Multi-Family
535
Businesses
159
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Nearby investment properties with comparable prices
Listed by: Agent Jo Pruitt • Agent Jo & Associates
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2509019
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. 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](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604