9187 W 85th StOverland ParkKS66212
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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 9187 W 85th St, Overland Park, KS, 66212 uses $110,390 cash to close to unlock $8,382/yr annual cash flow and $698/mo monthly cash flow. Total monthly income runs $2,914/mo, and a $1,630/mo payment keeps the spread at $698/mo. Purchase price stands at $333,000, and rental yield measures 10.5% with $2,914/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 144.19% and total cumulative return in cash records $159,173. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,914/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Multi Family
Built in 1978
10,696 sqft 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
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Listed by: Nic Trotter • 1st Class Real Estate Summit
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2508860
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-26 09:44:00 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/info/mls-disclaimers/#mls_45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604