8534 Stearns AveOverland ParkKS66214
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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 8534 Stearns Ave, Overland Park, KS, 66214 offers a 8.23% rental yield on a $385,000 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,884/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $948/yr on $127,628 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 107.46% and total cumulative return in cash at $137,146. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66214, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,460 (100%) |
| Owner Occupied HU | 2,658 (41.1%) |
| Renter Occupied HU | 3,489 (54.0%) |
| Vacant Housing Units | 313 ( 4.8%) |
| Median Home Value | $338,252 |
| Average Home Value | $348,013 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
4,030
Multi-Family
1,864
Businesses
889
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Listed by: Meredith Kirby • Weichert, Realtors Welch & Com
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592982