2145 NE Concord StLees SummitMO64086
Nearby investment properties with comparable rents
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
Rental property for sale in Lees Summit at 2145 NE Concord St, Lees Summit, MO, 64086 generates $2,467/mo in rent and, after a $1,507/mo payment, leaves $549/mo in cash flow. Total monthly income is $2,467/mo, and annual cash flow is $6,594/yr on $102,069 invested. Return on cash invested sits at 26.37% in year one, and rental yield is 9.61% on a $307,900 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation builds toward $85,067 over five years. Five-year ROI reaches 137.55% and total cumulative return in cash sums $140,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,467/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64086, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 6,924 (65.7%) |
| Renter Occupied HU | 2,814 (26.7%) |
| Vacant Housing Units | 803 ( 7.6%) |
| Median Home Value | $322,130 |
| Average Home Value | $384,189 |
Housing Distribution
Address Breakdown
Residential
10,279
Single Family
9,416
Multi-Family
863
Businesses
621
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Nearby investment properties with comparable prices
Listed by: Shynel Krause • RE/MAX Heritage
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2563870
Disclaimer: Based on information submitted to the MLS GRID as of 2025-07-18 10:57:55 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