502 Spring DrRaymoreMO64083
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 Raymore at 502 Spring Dr, Raymore, MO, 64083 earns $261/mo cash flow from $1,506/mo rent with a $978/mo payment. Total monthly income totals $1,506/mo, and annual cash flow totals $3,138/yr on $66,267 capital. ROI tracks 24.64% on current figures, and rental yield reads 9.04% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 128.32% and total cumulative return in cash sums $85,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,506/mo property income instead of your personal income.
Single Family
Built in 1979
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64083, Raymore, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,946 (100%) |
| Owner Occupied HU | 7,879 (72.0%) |
| Renter Occupied HU | 2,415 (22.1%) |
| Vacant Housing Units | 652 ( 6.0%) |
| Median Home Value | $337,858 |
| Average Home Value | $367,671 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
10,415
Multi-Family
141
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices