9702 W 61st StMerriamKS66203
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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 Merriam at 9702 W 61st St, Merriam, KS, 66203 earns $215/mo cash flow from $1,380/mo rent with a $857/mo payment. Total monthly income totals $1,380/mo, and annual cash flow totals $2,583/yr on $58,013 capital. ROI tracks 24.36% on current figures, and rental yield reads 9.46% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 127.39% and total cumulative return in cash sums $73,903. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.
Single Family
Built in 1984
5,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66203, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,296 (100%) |
| Owner Occupied HU | 5,413 (58.2%) |
| Renter Occupied HU | 3,510 (37.8%) |
| Vacant Housing Units | 373 ( 4.0%) |
| Median Home Value | $267,505 |
| Average Home Value | $315,510 |
Housing Distribution
Address Breakdown
Residential
8,774
Single Family
7,745
Multi-Family
1,029
Businesses
846
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