10103 W 70th StMerriamKS66203
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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
Investment property for sale in Merriam at 10103 W 70th St, Merriam, KS, 66203 offers a 8.29% rental yield on a $344,900 purchase with $2,383/mo rent. Total monthly income registers $2,383/mo, and a $1,688/mo payment leaves $89/mo available for distribution. Annual cash flow reaches $1,063/yr on $114,334 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 108.45% and total cumulative return in cash at $123,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,383/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66203, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,296 (100%) |
| Owner Occupied HU | 5,413 (58.2%) |
| Renter Occupied HU | 3,510 (37.8%) |
| Vacant Housing Units | 373 ( 4.0%) |
| Median Home Value | $267,505 |
| Average Home Value | $315,510 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,745
Multi-Family
1,029
Businesses
846
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