520 S Alta LnOlatheKS66061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 520 S Alta Ln, Olathe, KS, 66061 earns $242/mo cash flow from $1,938/mo rent with a $1,248/mo payment. Total monthly income totals $1,938/mo, and annual cash flow totals $2,899/yr on $84,533 capital. ROI tracks 23.34% on current figures, and rental yield reads 9.12% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 121.87% and total cumulative return in cash sums $103,016. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,938/mo property income instead of your personal income.
Single Family
Built in 1960
10,501 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices