7529 Lamar AvePrairie VillageKS66208
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
Investment Highlights
Rental property for sale in Prairie Village at 7529 Lamar Ave, Prairie Village, KS, 66208 generates $1,847/mo in rent and, after a $1,346/mo payment, leaves $17/mo in cash flow. Total monthly income is $1,847/mo, and annual cash flow is $209/yr on $91,163 invested. Return on cash invested sits at 20.14% in year one, and rental yield is 8.06% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 104.71% and total cumulative return in cash sums $95,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,847/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66208, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,648 (100%) |
| Owner Occupied HU | 7,588 (78.6%) |
| Renter Occupied HU | 1,560 (16.2%) |
| Vacant Housing Units | 500 ( 5.2%) |
| Median Home Value | $473,025 |
| Average Home Value | $645,858 |
Housing Distribution
Address Breakdown
Residential
9,684
Single Family
9,111
Multi-Family
573
Businesses
572
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Nearby investment properties with comparable prices
Listed by: Chelsea Phillips • United Real Estate Kansas City
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2537148
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-20 12:52:54 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604