Investing in Cass County
Cass County covers 3 rental markets we actively finance in Missouri — Belton, Harrisonville, Raymore. Across those markets the median investment basis averages $291,667, a long-term lease averages $1,800/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,984. That produces a county-wide average DSCR ratio near 0.92x.
Basis varies more inside Cass County than the average suggests. Belton is the lowest entry point at roughly $265,000, while Harrisonville currently models the strongest coverage ratio in the county at 1.13x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.