1800 E Sheridan Bridge LnOlatheKS66062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1800 E Sheridan Bridge Ln, Olathe, KS, 66062 priced at $363,600 converts $3,076/mo rent into $657/mo cash flow after a $1,780/mo obligation. Total monthly income equals $3,076/mo, and annual cash flow totals $7,880/yr on $120,533 invested. Return on cash invested prints 26.45% in year one, and rental yield reads 10.15% against a $363,600 entry. Equity gained on principal adds $2,346/yr, while 5% annual appreciation compiles into $100,456 by year five. Five-year ROI reaches 138.51% and total cumulative return in cash sums $166,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,076/mo property income covering a $1,780/mo payment, not borrower’s personal income.
Single Family
Built in 1974
10,585 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices