6901 Grandview StMerriamKS66204
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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 Merriam at 6901 Grandview St, Merriam, KS, 66204 earns $706/mo cash flow from $2,568/mo rent with a $1,370/mo payment. Total monthly income totals $2,568/mo, and annual cash flow totals $8,468/yr on $92,820 capital. ROI tracks 29.03% on current figures, and rental yield reads 11.01% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 152.38% and total cumulative return in cash sums $141,441. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,568/mo property income instead of your personal income.
Single Family
Built in 1958
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66204, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,245 (100%) |
| Owner Occupied HU | 4,493 (43.9%) |
| Renter Occupied HU | 5,056 (49.4%) |
| Vacant Housing Units | 696 ( 6.8%) |
| Median Home Value | $292,878 |
| Average Home Value | $338,075 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
6,705
Multi-Family
2,961
Businesses
789
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