9321 Lamar AveOverland ParkKS66207
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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
Rental property for sale in Overland Park at 9321 Lamar Ave, Overland Park, KS, 66207 generates $2,985/mo in rent, after a $2,325/mo payment. Total monthly income is $2,985/mo. Return on cash invested sits at 18.57% in year one, and rental yield is 7.54% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 96.29% and total cumulative return in cash sums $151,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,985/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66207, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,404 (100%) |
| Owner Occupied HU | 4,394 (68.6%) |
| Renter Occupied HU | 1,574 (24.6%) |
| Vacant Housing Units | 436 ( 6.8%) |
| Median Home Value | $472,129 |
| Average Home Value | $554,125 |
Housing Distribution
Address Breakdown
Residential
6,667
Single Family
5,764
Multi-Family
903
Businesses
603
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Listed by: Tamra Trickey • ReeceNichols - Leawood
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589710