14923 Melrose StOverland ParkKS66221
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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 Overland Park at 14923 Melrose St, Overland Park, KS, 66221 earns from $3,930/mo rent with a $6,045/mo payment. Total monthly income totals $3,930/mo. ROI tracks 7.51% on current figures, and rental yield reads 3.82% at a $1,235,000 purchase. Equity gained on principal adds $7,969/yr, and 5% annual appreciation supports $341,208 over five years. Five-year ROI reaches 36.91% and total cumulative return in cash sums $147,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,930/mo property income instead of your personal income.
Single Family
Built in 1988
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66221, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,104 (100%) |
| Owner Occupied HU | 7,226 (79.4%) |
| Renter Occupied HU | 1,417 (15.6%) |
| Vacant Housing Units | 461 ( 5.1%) |
| Median Home Value | $670,972 |
| Average Home Value | $735,022 |
Housing Distribution
Address Breakdown
Residential
8,804
Single Family
7,426
Multi-Family
1,378
Businesses
233
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Listed by: Jenni Reecht • Weichert, Realtors Welch & Com
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569817