3731 NE Chapel DrLees 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 3731 NE Chapel Dr, Lees Summit, MO, 64064 uses $91,163 cash to close to unlock $2,464/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,918/mo, and a $1,346/mo payment keeps the spread at $205/mo. Purchase price stands at $275,000, and rental yield measures 8.37% with $1,918/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 117.43% and total cumulative return in cash records $107,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,918/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1978
8,276 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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Listed by: Sherry Westhues • ReeceNichols - Eastland
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578906