7942 Millridge StShawneeKS66220
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 7942 Millridge St, Shawnee, KS, 66220 in Shawnee. Rental yield 3.37%. At $1,344,700 with 3.37% gross yield, current distributions are modest, but the 5% appreciation rate projects $371,516 in new equity by year five, complemented by $12,385/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.62) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $179,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 3.2% |
| Monthly Cash Flow | $(5,253) | $185 |
City averages based on Shawnee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,774 |
| Total Monthly Debt Service | $8,411 |
| DSCR Ratio | 0.45x |
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.
Single Family
Built in 2026
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66220, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,221 (100%) |
| Owner Occupied HU | 2,686 (83.4%) |
| Renter Occupied HU | 420 (13.0%) |
| Vacant Housing Units | 115 ( 3.6%) |
| Median Home Value | $583,972 |
| Average Home Value | $626,946 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
2,914
Multi-Family
254
Businesses
54
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
Single Family
Built in 2026
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66220, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,221 (100%) |
| Owner Occupied HU | 2,686 (83.4%) |
| Renter Occupied HU | 420 (13.0%) |
| Vacant Housing Units | 115 ( 3.6%) |
| Median Home Value | $583,972 |
| Average Home Value | $626,946 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
2,914
Multi-Family
254
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices