807 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 807 NE Algonquin St, Lees Summit, MO, 64064 at $462,900 posts ROI 20.02% with $15/mo cash flow from $2,898/mo rent. Total monthly income equals $2,898/mo, and annual cash flow records $178/yr on $153,451 to close. Return on cash invested measures 20.02% and rental yield reads 7.51% at the current $462,900. Equity gained on principal adds $2,987/yr, and 5% annual appreciation supports $127,891 by year five. Five-year ROI prints 103.51% and total cumulative return in cash totals $158,832.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,898/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2022
5,663 sqft 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
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Nearby investment properties with comparable prices
Listed by: Shaun Ashley • RE/MAX Heritage
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569286