15808 Glenwood AveOverland 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 15808 Glenwood Ave, Overland Park, KS, 66223 uses $140,854 cash to close to unlock $4,499/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $3,202/mo, and a $2,080/mo payment keeps the spread at $375/mo. Purchase price stands at $424,900, and rental yield measures 9.04% with $3,202/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 120.57% and total cumulative return in cash records $169,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,202/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.29 Acres 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: Lawrence Everhart • Mayo Auction & Realty Inc
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2598295