15674 S Hillside St UNIT 1102OlatheKS66062
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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
Rental property for sale in Olathe at 15674 S Hillside St UNIT 1102, Olathe, KS, 66062 generates $2,646/mo in rent and, after a $1,909/mo payment, leaves $51/mo in cash flow. Total monthly income is $2,646/mo, and annual cash flow is $616/yr on $129,268 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.14% on a $389,950 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,736 over five years. Five-year ROI reaches 106.02% and total cumulative return in cash sums $137,057. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,646/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
2,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66062, Olathe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,031 (100%) |
| Owner Occupied HU | 20,933 (69.7%) |
| Renter Occupied HU | 8,237 (27.4%) |
| Vacant Housing Units | 861 ( 2.9%) |
| Median Home Value | $371,271 |
| Average Home Value | $410,243 |
Housing Distribution
Address Breakdown
Residential
29,679
Single Family
25,578
Multi-Family
4,101
Businesses
1,625
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