Is Lee's Summit, MO a good place to invest in rental property?

Lee's Summit, MO has a median modeled monthly cash flow of $-1,203 and a median cap rate of 3.1%, on a median sold price of $404,900. Prices changed +1.2% year over year.

What is the average cap rate in Lee's Summit, MO?

The median cap rate across recently sold homes in Lee's Summit, MO is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lee's Summit, MO?

The median sold price in Lee's Summit, MO is $404,900 (about $175 per square foot).

Investing in Lee's Summit, MO Real Estate

A data-driven snapshot of the Lee's Summit, MO rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$404,900Median sold price

$175Median $/sqft

3.1%Median cap rate

$-1,203Modeled cash flow / mo

+1.2%Appreciation YoY

8.0Months of supply

1,147Active listings

1,719Sold (last 12 mo)

What the Lee's Summit numbers say

In Lee's Summit, MO, the median home sold for $404,900 (about $175 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,203 of monthly cash flow. Sold prices moved +1.2% over the past year. Inventory sits at about 8.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Missouri markets to compare

See Lee's Summit cash-flowing listings

CashFlowRE ranks every for-sale home in Lee's Summit, MO by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lee's Summit deals, or browse the national market data.