6018 Richards DrShawneeKS66216
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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 Shawnee at 6018 Richards Dr, Shawnee, KS, 66216 listed at $329,000 pairs $2,644/mo rent with a $1,610/mo payment to leave $456/mo cash flow. Total monthly income runs $2,644/mo, and annual cash flow reaches $5,466/yr on $109,064 cash to close. Return on cash invested measures 24.92% in year one, and rental yield registers 9.64% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 130.34% and total cumulative return in cash totals $142,149. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,644/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66216, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,077 (100%) |
| Owner Occupied HU | 7,783 (77.2%) |
| Renter Occupied HU | 2,017 (20.0%) |
| Vacant Housing Units | 277 ( 2.7%) |
| Median Home Value | $400,749 |
| Average Home Value | $433,041 |
Housing Distribution
Address Breakdown
Residential
9,983
Single Family
9,050
Multi-Family
933
Businesses
370
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