9603 Red Oak DrLenexaKS66219
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 9603 Red Oak Dr, Lenexa, KS, 66219 in Lenexa is capital appreciation. Rental yield 3.95%. The 3.95% gross yield at $742,010 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $205,004 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.73) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $122,325.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 5.5% |
| Monthly Cash Flow | $(2,869) | $1,850 |
City averages based on Lenexa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,442 |
| Total Monthly Debt Service | $4,641 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
2,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66219, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,466 (100%) |
| Owner Occupied HU | 2,433 (32.6%) |
| Renter Occupied HU | 4,585 (61.4%) |
| Vacant Housing Units | 448 ( 6.0%) |
| Median Home Value | $376,932 |
| Average Home Value | $440,269 |
Housing Distribution
Address Breakdown
Residential
6,923
Single Family
3,225
Multi-Family
3,698
Businesses
659
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
Townhouse
Built in 2026
2,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66219, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,466 (100%) |
| Owner Occupied HU | 2,433 (32.6%) |
| Renter Occupied HU | 4,585 (61.4%) |
| Vacant Housing Units | 448 ( 6.0%) |
| Median Home Value | $376,932 |
| Average Home Value | $440,269 |
Housing Distribution
Address Breakdown
Residential
6,923
Single Family
3,225
Multi-Family
3,698
Businesses
659
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices