502 NE Ash StLees SummitMO64063
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 502 NE Ash St, Lees Summit, MO, 64063 earns $794/mo cash flow from $2,382/mo rent with a $1,248/mo payment. Total monthly income totals $2,382/mo, and annual cash flow totals $9,528/yr on $84,533 capital. ROI tracks 31.18% on current figures, and rental yield reads 11.21% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 163.32% and total cumulative return in cash sums $138,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,382/mo property income instead of your personal income.
Single Family
Built in 1963
8,072 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Ring • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2598876