2313 Burris DrHarrisonvilleMO64701
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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 Harrisonville at 2313 Burris Dr, Harrisonville, MO, 64701 offers a 7.84% rental yield on a $385,000 purchase with $2,514/mo rent. Total monthly income registers $2,514/mo, and a $1,884/mo payment leaves $117/mo available for distribution. Annual cash flow reaches $1,400/yr on $127,628 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 108.77% and total cumulative return in cash at $138,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,514/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
9,474 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: Dakota Chapin • Remax Signature
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2593039