448 NE Point DrLees SummitMO64064
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
Investment property for sale in Lees Summit at 448 NE Point Dr, Lees Summit, MO, 64064 earns $314/mo cash flow from $2,898/mo rent with a $2,031/mo payment. Total monthly income totals $2,898/mo, and annual cash flow totals $3,764/yr on $137,573 capital. ROI tracks 22.65% on current figures, and rental yield reads 8.38% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 117.56% and total cumulative return in cash sums $161,733. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,898/mo property income instead of your personal income.
Townhouse
Built in 1976
2,640 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Applebaum • Real Broker, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597141