810 NE Cedar StLees SummitMO64086
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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 810 NE Cedar St, Lees Summit, MO, 64086 offers $2,467/mo rent that, after a $1,468/mo payment, leaves $599/mo cash flow. Total monthly income is $2,467/mo, and annual cash flow is $7,188/yr on $99,450 cash. Return on cash invested measures 27.14% in year one, and rental yield stands at 9.87% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 141.63% and total cumulative return in cash reaches $140,856. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,467/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64086, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 6,924 (65.7%) |
| Renter Occupied HU | 2,814 (26.7%) |
| Vacant Housing Units | 803 ( 7.6%) |
| Median Home Value | $322,130 |
| Average Home Value | $384,189 |
Housing Distribution
Address Breakdown
Residential
10,279
Single Family
9,416
Multi-Family
863
Businesses
621
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Listed by: Mandy Roe • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589715