301 Leah LnHarrisonvilleMO64701
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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 Harrisonville at 301 Leah Ln, Harrisonville, MO, 64701 priced at $375,000 converts $2,274/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 19.32% in year one, and rental yield reads 7.28% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 99.72% and total cumulative return in cash sums $123,963. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.29 Acres 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: Meghan Moore • ReeceNichols Smith Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584576