7632 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
Rental property for sale in Prairie Village at 7632 Rainbow Dr, Prairie Village, KS, 66208 generates $1,824/mo in rent and, after a $1,273/mo payment, leaves $94/mo in cash flow. Total monthly income is $1,824/mo, and annual cash flow is $1,126/yr on $86,190 invested. Return on cash invested sits at 21.22% in year one, and rental yield is 8.42% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 110.46% and total cumulative return in cash sums $95,201. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,824/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
8,598 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: Tony Long • Real Broker, LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2584223