15856 Glenwood 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
Rental property for sale in Overland Park at 15856 Glenwood St, Overland Park, KS, 66223 generates $3,202/mo in rent and, after a $2,163/mo payment, leaves $262/mo in cash flow. Total monthly income is $3,202/mo, and annual cash flow is $3,142/yr on $146,523 invested. Return on cash invested sits at 22.05% in year one, and rental yield is 8.69% on a $442,000 entry. Equity gained on principal adds $2,852/yr, while 5% annual appreciation builds toward $122,116 over five years. Five-year ROI reaches 114.94% and total cumulative return in cash sums $168,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,202/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
8,538 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: Rodney Caldwell • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584427