206 NE Bayview DrLees SummitMO64064
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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 206 NE Bayview Dr, Lees Summit, MO, 64064 with 5% annual appreciation on a $259,900 basis while $1,863/mo rent supports operations. Total monthly income totals $1,863/mo and a $1,272/mo payment preserves $244/mo for cash returns. Annual cash flow comes to $2,934/yr on $86,157 deployed, and return on cash invested reaches 23.31% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 8.6%. Five-year ROI measures 121.19% and total cumulative return in cash totals $104,410.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,863/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1976
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64064, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,870 (100%) |
| Owner Occupied HU | 6,207 (78.9%) |
| Renter Occupied HU | 1,323 (16.8%) |
| Vacant Housing Units | 340 ( 4.3%) |
| Median Home Value | $392,570 |
| Average Home Value | $428,192 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,031
Multi-Family
225
Businesses
684
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Listed by: Jim Godwin • Executive Asset Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2587471