8545 Westgate DrLenexaKS66215
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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 Lenexa at 8545 Westgate Dr, Lenexa, KS, 66215 offers a 9.25% rental yield on a $344,000 purchase with $2,652/mo rent. Total monthly income registers $2,652/mo, and a $1,684/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,538/yr on $114,036 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $2,220/yr while 5% annual appreciation supports $95,041 over five years. Portfolio math shows five-year ROI at 111.61% and total cumulative return in cash at $127,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,652/mo property income against a $1,684/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1981
3,485 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66215, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,730 (100%) |
| Owner Occupied HU | 6,736 (57.4%) |
| Renter Occupied HU | 4,290 (36.6%) |
| Vacant Housing Units | 704 ( 6.0%) |
| Median Home Value | $338,031 |
| Average Home Value | $348,663 |
Housing Distribution
Address Breakdown
Residential
11,528
Single Family
8,898
Multi-Family
2,630
Businesses
1,464
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