5520 Falmouth RdFairwayKS66205
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 5520 Falmouth Rd, Fairway, KS, 66205 in Fairway worth modelling. At $664,950 with a 8.22% gross yield, the $4,556/mo rent leaves $133/mo after the $2,990/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.52 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $183,713 by year five; $6,124/yr in principal reduction adds further equity. Total projected return: $261,984.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 8.0% |
| Monthly Cash Flow | $133 | $400 |
City averages based on Fairway market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,556 |
| Total Monthly Debt Service | $4,159 |
| DSCR Ratio | 1.10x |
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 1939
8,103 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
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 1939
8,103 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices