804 NW North Summit CirBlue SpringsMO64015
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 Blue Springs at 804 NW North Summit Cir, Blue Springs, MO, 64015 offers $2,160/mo rent that, after a $1,456/mo payment, leaves $307/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $3,688/yr on $98,621 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 8.71% at a $297,500 entry. Equity gained on principal adds $1,920/yr while 5% annual appreciation compounds into $82,194 by year five. Five-year ROI records 122.99% and total cumulative return in cash reaches $121,291. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,456/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
7,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64015, Blue Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,181 (100%) |
| Owner Occupied HU | 9,311 (70.6%) |
| Renter Occupied HU | 3,302 (25.1%) |
| Vacant Housing Units | 568 ( 4.3%) |
| Median Home Value | $283,990 |
| Average Home Value | $312,095 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
12,972
Multi-Family
261
Businesses
836
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendi Elkins • Premium Realty Group LLC
Mls Name: HKMMLS as distributed by MLS GRID
Mls ID: #2562201