6019 Hemlock StOverland ParkKS66202
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 6019 Hemlock St, Overland Park, KS, 66202 in Overland Park offers a clean, manageable entry. Rental yield 7.31%. DSCR 1.35 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $136,759 in additional property value over five years, with $4,559/yr in principal equity building ownership stake. Total projected cumulative return: $170,813.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 5.2% |
| Monthly Cash Flow | $(278) | $1,250 |
City averages based on Overland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,015 |
| Total Monthly Debt Service | $3,096 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2006
0.80 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 2006
0.80 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: Terri Stronach • Coldwell Banker Distinctive Pr
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2578879