408 SE Weiss CirLees SummitMO64063
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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 408 SE Weiss Cir, Lees Summit, MO, 64063 offers a 6.89% rental yield on a $620,000 purchase with $3,560/mo rent. 93% in year one. Equity gained on principal adds $4,001/yr while 5% annual appreciation supports $171,295 over five years. Portfolio math shows five-year ROI at 92.38% and total cumulative return in cash at $188,427. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,560/mo property income against a $3,035/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.35 Acres lot
$N/A/sqft
$547 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64063, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,897 (100%) |
| Owner Occupied HU | 5,603 (63.0%) |
| Renter Occupied HU | 2,937 (33.0%) |
| Vacant Housing Units | 357 ( 4.0%) |
| Median Home Value | $276,700 |
| Average Home Value | $301,397 |
Housing Distribution
Address Breakdown
Residential
8,480
Single Family
8,176
Multi-Family
304
Businesses
1,302
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Listed by: Gerad Wombles • EXP Realty LLC
Mls Name: WCAR MO
Mls Provider:
Mls ID: #100202
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.