21118 W 98th StLenexaKS66220
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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 Lenexa at 21118 W 98th St, Lenexa, KS, 66220 offers a 8.74% rental yield on a $518,000 purchase with $3,774/mo rent. Total monthly income registers $3,774/mo, and a $2,535/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,938/yr on $170,422 to close, and return on cash invested stands at 22.37% in year one. Equity gained on principal adds $3,343/yr while 5% annual appreciation supports $143,114 over five years. Portfolio math shows five-year ROI at 116.64% and total cumulative return in cash at $198,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,774/mo property income against a $2,535/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
10,008 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66220, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,221 (100%) |
| Owner Occupied HU | 2,686 (83.4%) |
| Renter Occupied HU | 420 (13.0%) |
| Vacant Housing Units | 115 ( 3.6%) |
| Median Home Value | $583,972 |
| Average Home Value | $626,946 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
2,914
Multi-Family
254
Businesses
54
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