302 NW Shamrock AveLees SummitMO64081
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 302 NW Shamrock Ave, Lees Summit, MO, 64081 generates $2,093/mo in rent and, after a $1,415/mo payment, leaves $293/mo in cash flow. Total monthly income is $2,093/mo, and annual cash flow is $3,512/yr on $95,804 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 8.69% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 122.57% and total cumulative return in cash sums $117,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,093/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64081, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,912 (100%) |
| Owner Occupied HU | 7,707 (64.7%) |
| Renter Occupied HU | 3,338 (28.0%) |
| Vacant Housing Units | 867 ( 7.3%) |
| Median Home Value | $331,646 |
| Average Home Value | $362,123 |
Housing Distribution
Address Breakdown
Residential
10,542
Single Family
9,304
Multi-Family
1,238
Businesses
538
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Montgomery • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589544