11576 S Millridge StOlatheKS66061
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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 Olathe at 11576 S Millridge St, Olathe, KS, 66061 listed at $596,435 pairs $2,802/mo rent with a $2,919/mo payment. Total monthly income runs $2,802/mo. Return on cash invested measures 12.93% in year one, and rental yield registers 5.64% at a $596,435 basis. Equity gained on principal adds $3,849/yr, and annual property appreciation at 5% supports $164,784 by year five. Five-year ROI tracks 66.02% and total cumulative return in cash totals $129,548. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,802/mo property income relative to a $2,919/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66061, Olathe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,167 (100%) |
| Owner Occupied HU | 17,671 (67.5%) |
| Renter Occupied HU | 7,349 (28.1%) |
| Vacant Housing Units | 1,147 ( 4.4%) |
| Median Home Value | $387,338 |
| Average Home Value | $426,529 |
Housing Distribution
Address Breakdown
Residential
25,559
Single Family
23,576
Multi-Family
1,983
Businesses
1,282
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