Manchester Plan, Village Cooperative of Leawood (Active Adults 55+)Overland ParkKS66224
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at Manchester Plan, Village Cooperative of Leawood (Active Adults 55+), Overland Park, KS, 66224 in Overland Park is narrow, $11/mo net on $1,554/mo rent after the $1,043/mo debt service, but the property operates at break-even-plus, not a loss. At $232,000 with a 8.04% yield, the long-run equity case via 5% appreciation ($64,097 over five years) and $2,137/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.49 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $89,179.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.2% |
| Monthly Cash Flow | $11 | $1,250 |
City averages based on Overland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,554 |
| Total Monthly Debt Service | $1,451 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66224, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,295 (100%) |
| Owner Occupied HU | 4,236 (80.0%) |
| Renter Occupied HU | 742 (14.0%) |
| Vacant Housing Units | 317 ( 6.0%) |
| Median Home Value | $667,796 |
| Average Home Value | $754,644 |
Housing Distribution
Address Breakdown
Residential
5,210
Single Family
4,602
Multi-Family
608
Businesses
199
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
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66224, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,295 (100%) |
| Owner Occupied HU | 4,236 (80.0%) |
| Renter Occupied HU | 742 (14.0%) |
| Vacant Housing Units | 317 ( 6.0%) |
| Median Home Value | $667,796 |
| Average Home Value | $754,644 |
Housing Distribution
Address Breakdown
Residential
5,210
Single Family
4,602
Multi-Family
608
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Village Cooperative
Mls Name: Village Cooperative
Mls Provider:
Mls ID: #N/A