9105 Reeder DrOverland 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 9105 Reeder Dr, Overland Park, KS, 66214 uses $124,313 cash to close to unlock $5,707/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $2,970/mo, and a $1,835/mo payment keeps the spread at $476/mo. Purchase price stands at $375,000, and rental yield measures 9.5% with $2,970/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 128.08% and total cumulative return in cash records $159,219. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1962
9,583 sqft 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: Kristin Holdhusen • ReeceNichols - Leawood
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592636