8391 Somerset DrPrairie VillageKS66207
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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 Prairie Village at 8391 Somerset Dr, Prairie Village, KS, 66207 offers a 7.67% rental yield on a $323,000 purchase with $2,064/mo rent. 96% in year one. Equity gained on principal adds $2,084/yr while 5% annual appreciation supports $89,239 over five years. Portfolio math shows five-year ROI at 98.37% and total cumulative return in cash at $105,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,064/mo property income against a $1,581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66207, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,404 (100%) |
| Owner Occupied HU | 4,394 (68.6%) |
| Renter Occupied HU | 1,574 (24.6%) |
| Vacant Housing Units | 436 ( 6.8%) |
| Median Home Value | $472,129 |
| Average Home Value | $554,125 |
Housing Distribution
Address Breakdown
Residential
6,667
Single Family
5,764
Multi-Family
903
Businesses
603
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Listed by: Barb Murphy • ReeceNichols- Leawood Town Center
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579293