5227 Garner LnMerriamKS66203
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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 Merriam at 5227 Garner Ln, Merriam, KS, 66203 listed at $272,200 pairs $1,840/mo rent with a $1,332/mo payment to leave $29/mo cash flow. Total monthly income runs $1,840/mo, and annual cash flow reaches $353/yr on $90,234 cash to close. Return on cash invested measures 20.3% in year one, and rental yield registers 8.11% at a $272,200 basis. Equity gained on principal adds $1,756/yr, and annual property appreciation at 5% supports $75,204 by year five. Five-year ROI tracks 105.56% and total cumulative return in cash totals $95,252. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,840/mo property income relative to a $1,332/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66203, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,296 (100%) |
| Owner Occupied HU | 5,413 (58.2%) |
| Renter Occupied HU | 3,510 (37.8%) |
| Vacant Housing Units | 373 ( 4.0%) |
| Median Home Value | $267,505 |
| Average Home Value | $315,510 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,745
Multi-Family
1,029
Businesses
846
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