5318 Goodman LnOverland ParkKS66202
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 5318 Goodman Ln, Overland Park, KS, 66202 in Overland Park at $329,900 earns $2,394/mo in rent and nets $199/mo after the $1,483/mo payment, a 8.71% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $91,145 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $3,038/yr in principal paydown, total projected return reaches $138,607.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.2% |
| Monthly Cash Flow | $199 | $1,250 |
City averages based on Overland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,394 |
| Total Monthly Debt Service | $2,064 |
| DSCR Ratio | 1.16x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66202, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,488 (100%) |
| Owner Occupied HU | 4,462 (47.0%) |
| Renter Occupied HU | 4,375 (46.1%) |
| Vacant Housing Units | 651 ( 6.9%) |
| Median Home Value | $323,888 |
| Average Home Value | $378,130 |
Housing Distribution
Address Breakdown
Residential
9,202
Single Family
6,215
Multi-Family
2,987
Businesses
851
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
Single Family
Built in 1963
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66202, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,488 (100%) |
| Owner Occupied HU | 4,462 (47.0%) |
| Renter Occupied HU | 4,375 (46.1%) |
| Vacant Housing Units | 651 ( 6.9%) |
| Median Home Value | $323,888 |
| Average Home Value | $378,130 |
Housing Distribution
Address Breakdown
Residential
9,202
Single Family
6,215
Multi-Family
2,987
Businesses
851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2613222