83rd Street & Cedar Niles Rd #JDERR2LenexaKS66227
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
Investment Highlights
Investment property for sale in Lenexa at 83rd Street & Cedar Niles Rd #JDERR2, Lenexa, KS, 66227 with 5% annual appreciation on a $391,100 basis while $3,283/mo rent supports operations. Total monthly income totals $3,283/mo and a $1,914/mo payment preserves $681/mo for cash returns. Annual cash flow comes to $8,176/yr on $129,650 deployed, and return on cash invested reaches 26.22% in year one. Equity gained on principal adds $2,524/yr, and five-year appreciation sums $108,054 alongside rental yield of 10.07%. Five-year ROI measures 137.29% and total cumulative return in cash totals $177,990.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,283/mo property income versus a $1,914/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66227, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,835 (100%) |
| Owner Occupied HU | 3,132 (81.7%) |
| Renter Occupied HU | 479 (12.5%) |
| Vacant Housing Units | 224 ( 5.8%) |
| Median Home Value | $483,709 |
| Average Home Value | $519,741 |
Housing Distribution
Address Breakdown
Residential
4,231
Single Family
3,879
Multi-Family
352
Businesses
196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices