966 Shawnee RdKansas CityKS66103
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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 Kansas City at 966 Shawnee Rd, Kansas City, KS, 66103 uses $72,930 cash to close to unlock $362/yr annual cash flow and $30/mo monthly cash flow. Total monthly income runs $1,494/mo, and a $1,077/mo payment keeps the spread at $30/mo. Purchase price stands at $220,000, and rental yield measures 8.15% with $1,494/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 106.14% and total cumulative return in cash records $77,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,494/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66103, Kansas City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,838 (100%) |
| Owner Occupied HU | 2,105 (30.8%) |
| Renter Occupied HU | 4,002 (58.5%) |
| Vacant Housing Units | 731 (10.7%) |
| Median Home Value | $182,070 |
| Average Home Value | $194,842 |
Housing Distribution
Address Breakdown
Residential
6,109
Single Family
4,854
Multi-Family
1,255
Businesses
412
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Listed by: Lisa Wright • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592516