5111 W 62nd StMissionKS66205
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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
Rental property for sale in Mission at 5111 W 62nd St, Mission, KS, 66205 generates $1,884/mo in rent and, after a $1,297/mo payment, leaves $121/mo in cash flow. Total monthly income is $1,884/mo, and annual cash flow is $1,452/yr on $87,848 invested. Return on cash invested sits at 21.56% in year one, and rental yield is 8.53% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 112.37% and total cumulative return in cash sums $98,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,884/mo property income rather than buyer’s personal income.
Condo
Built in 1985
677 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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