10511 Mission Rd UNIT 214LeawoodKS66206
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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
Rental property for sale in Leawood at 10511 Mission Rd UNIT 214, Leawood, KS, 66206 generates $3,010/mo in rent and, after a $2,200/mo payment, leaves $20/mo in cash flow. Total monthly income is $3,010/mo, and annual cash flow is $236/yr on $149,009 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 8.04% on a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation builds toward $124,189 over five years. Five-year ROI reaches 104.29% and total cumulative return in cash sums $155,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,010/mo property income rather than buyer’s personal income.
Condo
Built in 2006
1,295 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66206, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,249 (100%) |
| Owner Occupied HU | 3,606 (84.9%) |
| Renter Occupied HU | 406 ( 9.6%) |
| Vacant Housing Units | 237 ( 5.6%) |
| Median Home Value | $689,155 |
| Average Home Value | $733,901 |
Housing Distribution
Address Breakdown
Residential
4,444
Single Family
4,057
Multi-Family
387
Businesses
266
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