Is Lees Summit, MO a good place to invest in rental property?

Lees Summit, MO has a median modeled monthly cash flow of $-3,713 and a median cap rate of 1.3%, on a median sold price of $597,475. Prices changed -1.5% year over year.

What is the average cap rate in Lees Summit, MO?

The median cap rate across recently sold homes in Lees Summit, MO is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lees Summit, MO?

The median sold price in Lees Summit, MO is $597,475 (about $236 per square foot).

Investing in Lees Summit, MO Real Estate

A data-driven snapshot of the Lees 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.

$597,475Median sold price

$236Median $/sqft

1.3%Median cap rate

$-3,713Modeled cash flow / mo

-1.5%Appreciation YoY

9.2Months of supply

29Active listings

38Sold (last 12 mo)

What the Lees Summit numbers say

In Lees Summit, MO, the median home sold for $597,475 (about $236 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-3,713 of monthly cash flow. Sold prices moved -1.5% over the past year. Inventory sits at about 9.2 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 Lees Summit cash-flowing listings

CashFlowRE ranks every for-sale home in Lees 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 Lees Summit deals, or browse the national market data.