5706 W 97th StOverland ParkKS66207
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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 Overland Park at 5706 W 97th St, Overland Park, KS, 66207 uses $71,273 cash to close to unlock $659/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,485/mo, and a $1,052/mo payment keeps the spread at $55/mo. Purchase price stands at $215,000, and rental yield measures 8.29% with $1,485/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 108.4% and total cumulative return in cash records $77,257. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,485/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1966
589 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66207, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,404 (100%) |
| Owner Occupied HU | 4,394 (68.6%) |
| Renter Occupied HU | 1,574 (24.6%) |
| Vacant Housing Units | 436 ( 6.8%) |
| Median Home Value | $472,129 |
| Average Home Value | $554,125 |
Housing Distribution
Address Breakdown
Residential
6,667
Single Family
5,764
Multi-Family
903
Businesses
603
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Listed by: Karim Majed • Keller Williams Realty Partners Inc.
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594448