224 NW Locust StLees 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 224 NW Locust St, Lees Summit, MO, 64064 at $839,000 posts ROI 11.69% with from $3,300/mo rent. Total monthly income equals $3,300/mo. Return on cash invested measures 11.69% and rental yield reads 4.72% at the current $839,000. Equity gained on principal adds $5,414/yr, and 5% annual appreciation supports $231,800 by year five. Five-year ROI prints 58.81% and total cumulative return in cash totals $162,324. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,300/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
9,853 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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Nearby investment properties with comparable prices
Listed by: Ashley Klements • 1st Class Real Estate KC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2596620