11005 W 55th StShawneeKS66203
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 11005 W 55th St, Shawnee, KS, 66203 in Shawnee hard to pass up. The 17.35% gross yield on a $100,000 purchase results in $1,446/mo in rent and $743/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.21). Annual cash flow of $8,919, five-year appreciation of $27,628, and $921/yr in equity build-up combine for a projected total cumulative return of $86,105.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.4% | 3.2% |
| Monthly Cash Flow | $743 | $185 |
City averages based on Shawnee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,446 |
| Total Monthly Debt Service | $663 |
| DSCR Ratio | 2.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
0.25 Acres lot
$N/A/sqft
$450 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
0.25 Acres lot
$N/A/sqft
$450 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Tubbesing • The Land Source
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2417202
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604