236 SW Raintree DrLees SummitMO64082
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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 Lees Summit at 236 SW Raintree Dr, Lees Summit, MO, 64082 priced at $299,000 converts $2,580/mo rent into $718/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,580/mo, and annual cash flow totals $8,620/yr on $99,119 invested. Return on cash invested prints 28.61% in year one, and rental yield reads 10.35% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 149.55% and total cumulative return in cash sums $148,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,580/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
4,461 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64082, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,912 (100%) |
| Owner Occupied HU | 5,820 (84.2%) |
| Renter Occupied HU | 915 (13.2%) |
| Vacant Housing Units | 177 ( 2.6%) |
| Median Home Value | $389,098 |
| Average Home Value | $408,603 |
Housing Distribution
Address Breakdown
Residential
7,178
Single Family
6,643
Multi-Family
535
Businesses
159
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Listed by: Mary Drake • RE/MAX Heritage
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592582