8605 W 83rd StOverland 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 8605 W 83rd St, Overland Park, KS, 66204 listed at $250,000 pairs $1,830/mo rent with a $1,224/mo payment to leave $166/mo cash flow. Total monthly income runs $1,830/mo, and annual cash flow reaches $1,997/yr on $82,875 cash to close. Return on cash invested measures 22.32% in year one, and rental yield registers 8.78% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 116.4% and total cumulative return in cash totals $96,466. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,830/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
5,702 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: Kate Place • RE/MAX State Line
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2587650