Turnkey investment opportunity in the highly desirable Village at New Longview. This property is fully leased and currently generating $2,620 per month ($31,440 annually) in rental income, providing immediate cash flow from day one. Priced at $400,000, the property offers an estimated ~6% cap rate based on projected expenses. The HOA covers exterior maintenance, roof, exterior paint, and building insurance, significantly reducing owner responsibility and minimizing exposure to major capital expenditures. Located in one of Lee’s Summit’s premier low-maintenance communities with strong rental demand, this property presents an excellent opportunity for investors seeking stabilized income, limited exterior obligations, and long-term appreciation potential. With a tenant already in place and predictable operating costs, this is a clean, straightforward addition to any investment portfolio.
Property Features
Basement
Full
Interior Entry
Bath/Stubbed
Parking
Attached
Garage Faces Rear
Cooling Information
Electric
Heating Information
Natural Gas
Water Features
Public
Garage
1
School Information
School Information for 442 SW Brummel Road, Lee's Summit, MO 64081
Elementary School
Longview Farms
Middle School
Pleasant Lea
High School
Lee's Summit West
Listing Courtesy: Keller Williams Realty Partners Inc. - 913-906-5400
Based on information submitted to the MLS GRID as of 2026-05-12 13:27:50. 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.
Last Updated: 2026-05-12 13:27:50
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Heartland MLS.