8858 W 106th TerOverland ParkKS66212
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 Overland Park at 8858 W 106th Ter, Overland Park, KS, 66212 uses $59,670 cash to close to unlock $1,830/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $881/mo payment keeps the spread at $153/mo. Purchase price stands at $180,000, and rental yield measures 9% with $1,350/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 119.93% and total cumulative return in cash records $71,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1989
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66212, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,188 (100%) |
| Owner Occupied HU | 8,185 (50.6%) |
| Renter Occupied HU | 6,884 (42.5%) |
| Vacant Housing Units | 1,119 ( 6.9%) |
| Median Home Value | $340,223 |
| Average Home Value | $382,952 |
Housing Distribution
Address Breakdown
Residential
15,129
Single Family
11,238
Multi-Family
3,891
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Merriam Reichle • ReeceNichols- Leawood Town Center
Mls Name: HKMMLS as distributed by MLS GRID
Mls ID: #2562384