203 Bowman StHarrisonvilleMO64701
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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 Harrisonville at 203 Bowman St, Harrisonville, MO, 64701 offers $2,274/mo rent that, after a $1,219/mo payment, leaves $723/mo cash flow. Total monthly income is $2,274/mo, and annual cash flow is $8,676/yr on $82,544 cash. Return on cash invested measures 30.42% in year one, and rental yield stands at 10.96% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 159.24% and total cumulative return in cash reaches $131,444. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,274/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64701, Harrisonville, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,079 (100%) |
| Owner Occupied HU | 4,185 (68.8%) |
| Renter Occupied HU | 1,594 (26.2%) |
| Vacant Housing Units | 300 ( 4.9%) |
| Median Home Value | $335,971 |
| Average Home Value | $371,033 |
Housing Distribution
Address Breakdown
Residential
5,966
Single Family
5,825
Multi-Family
141
Businesses
664
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Listed by: Nicole Shipley • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2575282