8221 Santa Fe Dr APT 10Overland ParkKS66204
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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 Overland Park at 8221 Santa Fe Dr APT 10, Overland Park, KS, 66204 uses $46,393 cash to close to unlock $1,679/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $1,071/mo, and a $685/mo payment keeps the spread at $140/mo. Purchase price stands at $139,950, and rental yield measures 9.18% with $1,071/mo rent. Return on cash invested shows 23.53% in year one, and 5% annual appreciation builds toward $38,666 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash records $56,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,071/mo property income covering a $685/mo payment rather than investor’s personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66204, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,245 (100%) |
| Owner Occupied HU | 4,493 (43.9%) |
| Renter Occupied HU | 5,056 (49.4%) |
| Vacant Housing Units | 696 ( 6.8%) |
| Median Home Value | $292,878 |
| Average Home Value | $338,075 |
Housing Distribution
Address Breakdown
Residential
9,666
Single Family
6,705
Multi-Family
2,961
Businesses
789
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Listed by: Bryan Toole • ReeceNichols - Overland Park
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589852