13304 W 89th Ter SLenexaKS66215
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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 Lenexa at 13304 W 89th Ter S, Lenexa, KS, 66215 uses $81,218 cash to close to unlock $1,370/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,744/mo, and a $1,199/mo payment keeps the spread at $114/mo. Purchase price stands at $245,000, and rental yield measures 8.54% with $1,744/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 112.54% and total cumulative return in cash records $91,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,744/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1977
5,101 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66215, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,730 (100%) |
| Owner Occupied HU | 6,736 (57.4%) |
| Renter Occupied HU | 4,290 (36.6%) |
| Vacant Housing Units | 704 ( 6.0%) |
| Median Home Value | $338,031 |
| Average Home Value | $348,663 |
Housing Distribution
Address Breakdown
Residential
11,528
Single Family
8,898
Multi-Family
2,630
Businesses
1,464
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