794 NE Algonquin StLees 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 794 NE Algonquin St, Lees Summit, MO, 64064 uses $110,124 cash to close to unlock $9,387/yr annual cash flow and $782/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $1,626/mo payment keeps the spread at $782/mo. Purchase price stands at $332,200, and rental yield measures 10.47% with $2,898/mo rent. Return on cash invested shows 28.43% in year one, and 5% annual appreciation builds toward $91,781 over five years. Five-year ROI reaches 148.81% and total cumulative return in cash records $163,877. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $1,626/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
N/A 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A