706 SW Montgomery AveLees SummitMO64081
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
Rental property for sale in Lees Summit at 706 SW Montgomery Ave, Lees Summit, MO, 64081 generates $2,262/mo in rent and, after a $1,689/mo payment, leaves $113/mo in cash flow. Total monthly income is $2,262/mo, and annual cash flow is $1,356/yr on $114,368 invested. Return on cash invested sits at 21.09% in year one, and rental yield is 7.87% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 109.24% and total cumulative return in cash sums $124,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,262/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
9,559 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64081, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,912 (100%) |
| Owner Occupied HU | 7,707 (64.7%) |
| Renter Occupied HU | 3,338 (28.0%) |
| Vacant Housing Units | 867 ( 7.3%) |
| Median Home Value | $331,646 |
| Average Home Value | $362,123 |
Housing Distribution
Address Breakdown
Residential
10,542
Single Family
9,304
Multi-Family
1,238
Businesses
538
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Nearby investment properties with comparable prices
Listed by: Bailey Rega • Platinum Realty LLC
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2555895
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-12 10:47:45 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604