4301 W 62nd TerFairwayKS66205
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 4301 W 62nd Ter, Fairway, KS, 66205 in Fairway. At $325,000 it earns $2,610/mo in rent and distributes $448/mo to the owner after the $1,541/mo payment, a consistent 9.64% yield. DSCR 1.69 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $89,792 in value; $2,724/yr in principal paydown compounds ownership stake. Total projected return: $146,597.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.0% |
| Monthly Cash Flow | $448 | $400 |
City averages based on Fairway market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,610 |
| Total Monthly Debt Service | $2,112 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
9,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66205, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,695 (100%) |
| Owner Occupied HU | 4,857 (72.5%) |
| Renter Occupied HU | 1,553 (23.2%) |
| Vacant Housing Units | 285 ( 4.3%) |
| Median Home Value | $450,884 |
| Average Home Value | $552,313 |
Housing Distribution
Address Breakdown
Residential
6,295
Single Family
6,256
Multi-Family
39
Businesses
365
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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
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