16005 Fontana St APT 230Overland ParkKS66085
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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 16005 Fontana St APT 230, Overland Park, KS, 66085 offers a 7.88% rental yield on a $335,000 purchase with $2,200/mo rent. 6% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 101.76% and total cumulative return in cash at $113,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,200/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66085, Stilwell, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,222 (100%) |
| Owner Occupied HU | 3,475 (82.3%) |
| Renter Occupied HU | 501 (11.9%) |
| Vacant Housing Units | 246 ( 5.8%) |
| Median Home Value | $600,879 |
| Average Home Value | $655,951 |
Housing Distribution
Address Breakdown
Residential
4,299
Single Family
4,030
Multi-Family
269
Businesses
317
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Listed by: Thrive RealEstate KC Team • KW KANSAS CITY METRO
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579506