14005 Nicklaus DrOverland ParkKS66223
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.96% gross rental yield, 14005 Nicklaus Dr, Overland Park, KS, 66223 in Overland Park is priced for capital growth, not immediate cash flow. The $1,297,500 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $358,475 by year five, with $11,950/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.55) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $145,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 5.2% |
| Monthly Cash Flow | $(5,430) | $1,250 |
City averages based on Overland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,202 |
| Total Monthly Debt Service | $8,116 |
| DSCR Ratio | 0.39x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2006
10,547 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66223, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,105 (100%) |
| Owner Occupied HU | 6,077 (54.7%) |
| Renter Occupied HU | 4,542 (40.9%) |
| Vacant Housing Units | 486 ( 4.4%) |
| Median Home Value | $431,329 |
| Average Home Value | $496,328 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
6,276
Multi-Family
4,280
Businesses
678
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
Single Family
Built in 2006
10,547 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66223, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,105 (100%) |
| Owner Occupied HU | 6,077 (54.7%) |
| Renter Occupied HU | 4,542 (40.9%) |
| Vacant Housing Units | 486 ( 4.4%) |
| Median Home Value | $431,329 |
| Average Home Value | $496,328 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
6,276
Multi-Family
4,280
Businesses
678
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy Maxwell • ReeceNichols - Overland Park
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2563246