2218 Condolea TerLeawoodKS66209
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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 Leawood at 2218 Condolea Ter, Leawood, KS, 66209 with 5% annual appreciation on a $393,000 basis while $2,137/mo rent supports operations. 51% in year one. Equity gained on principal adds $2,536/yr, and five-year appreciation sums $108,579 alongside rental yield of 6.53%. Five-year ROI measures 79.82% and total cumulative return in cash totals $103,994. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,137/mo property income versus a $1,924/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1975
2,151 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66209, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,701 (100%) |
| Owner Occupied HU | 6,004 (69.0%) |
| Renter Occupied HU | 2,378 (27.3%) |
| Vacant Housing Units | 319 ( 3.7%) |
| Median Home Value | $575,718 |
| Average Home Value | $607,590 |
Housing Distribution
Address Breakdown
Residential
8,576
Single Family
6,442
Multi-Family
2,134
Businesses
386
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