7625 Rainbow DrPrairie 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
Investment property for sale in Prairie Village at 7625 Rainbow Dr, Prairie Village, KS, 66208 listed at $275,000 pairs $1,907/mo rent with a $1,346/mo payment to leave $77/mo cash flow. Total monthly income runs $1,907/mo, and annual cash flow reaches $929/yr on $91,163 cash to close. Return on cash invested measures 20.93% in year one, and rental yield registers 8.32% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 108.94% and total cumulative return in cash totals $99,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,907/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
8,931 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Maddex • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592668