16009 Fontana St APT 240Overland 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 16009 Fontana St APT 240, Overland Park, KS, 66085 listed at $322,000 pairs $2,200/mo rent with a $1,576/mo payment to leave $58/mo cash flow. Total monthly income runs $2,200/mo, and annual cash flow reaches $694/yr on $106,743 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 8.2% at a $322,000 basis. Equity gained on principal adds $2,078/yr, and annual property appreciation at 5% supports $88,963 by year five. Five-year ROI tracks 106.94% and total cumulative return in cash totals $114,151. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,200/mo property income relative to a $1,576/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2016
N/A 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: Stacy Anderson • ReeceNichols - Leawood
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2588176