7914 Colony LnLenexaKS66215
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 7914 Colony Ln, Lenexa, KS, 66215 in Lenexa achieves 1.55, rent of $1,501/mo covers the $967/mo payment 1.5x over at $215,000. Rental yield 8.38%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $59,401 over five years, with $1,980/yr in principal reduction bringing total projected return to $72,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.5% |
| Monthly Cash Flow | $(170) | $1,850 |
City averages based on Lenexa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,501 |
| Total Monthly Debt Service | $1,586 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1974
1,574 sqft lot
$N/A/sqft
$241 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66215, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,730 (100%) |
| Owner Occupied HU | 6,736 (57.4%) |
| Renter Occupied HU | 4,290 (36.6%) |
| Vacant Housing Units | 704 ( 6.0%) |
| Median Home Value | $338,031 |
| Average Home Value | $348,663 |
Housing Distribution
Address Breakdown
Residential
11,528
Single Family
8,898
Multi-Family
2,630
Businesses
1,464
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
Townhouse
Built in 1974
1,574 sqft lot
$N/A/sqft
$241 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66215, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,730 (100%) |
| Owner Occupied HU | 6,736 (57.4%) |
| Renter Occupied HU | 4,290 (36.6%) |
| Vacant Housing Units | 704 ( 6.0%) |
| Median Home Value | $338,031 |
| Average Home Value | $348,663 |
Housing Distribution
Address Breakdown
Residential
11,528
Single Family
8,898
Multi-Family
2,630
Businesses
1,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Access KC Group • Compass Realty Group
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2562114
Disclaimer: Based on information submitted to the MLS GRID as of 2025-07-14 12:37:57 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