6708 W 109th St APT EOverland ParkKS66211
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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
Rental property for sale in Overland Park at 6708 W 109th St APT E, Overland Park, KS, 66211 generates $2,031/mo in rent and, after a $1,395/mo payment, leaves $135/mo in cash flow. Total monthly income is $2,031/mo, and annual cash flow is $1,618/yr on $94,478 invested. Return on cash invested sits at 21.62% in year one, and rental yield is 8.55% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 112.64% and total cumulative return in cash sums $106,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,031/mo property income rather than buyer’s personal income.
Condo
Built in 1974
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66211, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,822 (100%) |
| Owner Occupied HU | 1,642 (43.0%) |
| Renter Occupied HU | 1,749 (45.8%) |
| Vacant Housing Units | 431 (11.3%) |
| Median Home Value | $835,284 |
| Average Home Value | $998,400 |
Housing Distribution
Address Breakdown
Residential
3,270
Single Family
1,309
Multi-Family
1,961
Businesses
966
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Listed by: Eric Kallevig • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2596560