10120 W 65th 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 10120 W 65th St, Merriam, KS, 66203 uses $128,954 cash to close to unlock $1,344/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,904/mo payment keeps the spread at $112/mo. Purchase price stands at $389,000, and rental yield measures 8.33% with $2,700/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 109.08% and total cumulative return in cash records $140,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.26 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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