15502 Floyd StOverland ParkKS66223
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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 15502 Floyd St, Overland Park, KS, 66223 uses $116,025 cash to close to unlock $7,987/yr annual cash flow and $666/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $1,713/mo payment keeps the spread at $666/mo. Purchase price stands at $350,000, and rental yield measures 10.27% with $2,994/mo rent. Return on cash invested shows 26.79% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 140.38% and total cumulative return in cash records $162,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
4,858 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
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Listed by: Katie Williams • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2596262