2218 S Ocheltree StOlatheKS66061
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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 Olathe at 2218 S Ocheltree St, Olathe, KS, 66061 earns $892/mo cash flow from $2,390/mo rent with a $1,102/mo payment. Total monthly income totals $2,390/mo, and annual cash flow totals $10,704/yr on $74,654 capital. ROI tracks 34.25% on current figures, and rental yield reads 12.74% at a $225,200 purchase. Equity gained on principal adds $1,453/yr, and 5% annual appreciation supports $62,219 over five years. Five-year ROI reaches 180.42% and total cumulative return in cash sums $134,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,390/mo property income instead of your personal income.
Single Family
Built in 1948
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66061, Olathe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,167 (100%) |
| Owner Occupied HU | 17,671 (67.5%) |
| Renter Occupied HU | 7,349 (28.1%) |
| Vacant Housing Units | 1,147 ( 4.4%) |
| Median Home Value | $387,338 |
| Average Home Value | $426,529 |
Housing Distribution
Address Breakdown
Residential
25,559
Single Family
23,576
Multi-Family
1,983
Businesses
1,282
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