7576 Rainbow DrPrairie VillageKS66208








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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 Prairie Village at 7576 Rainbow Dr, Prairie Village, KS, 66208 offers a 11.72% rental yield on a $294,950 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $1,444/mo payment leaves $917/mo available for distribution. Annual cash flow reaches $11,009/yr on $97,776 to close, and return on cash invested stands at 31.17% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,489 over five years. Portfolio math shows five-year ROI at 163.85% and total cumulative return in cash at $160,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,718 sqft 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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Listed by: Lindsay Sierens Schulze • ReeceNichols - Leawood
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591661







