8221 Santa Fe Dr APT 8Overland 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 8, Overland Park, KS, 66204 offers a 9.58% rental yield on a $149,500 purchase with $1,194/mo rent. Total monthly income registers $1,194/mo, and a $732/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,390/yr on $49,559 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $965/yr while 5% annual appreciation supports $41,304 over five years. Portfolio math shows five-year ROI at 129.41% and total cumulative return in cash at $64,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $732/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1964
1,008 sqft 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: Carol Cao • ReeceNichols - Leawood
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2591936