Poplar Plan, Boulder CreekOlatheKS66062
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
Investment Highlights
Rental property for sale in Olathe at Poplar Plan, Boulder Creek, Olathe, KS, 66062 offers $3,923/mo rent that, after a $3,010/mo payment. Total monthly income is $3,923/mo. Return on cash invested measures 17.82% in year one, and rental yield stands at 7.65% at a $615,000 entry. Equity gained on principal adds $3,969/yr while 5% annual appreciation compounds into $169,913 by year five. Five-year ROI records 92.65% and total cumulative return in cash reaches $187,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,923/mo property income versus a $3,010/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66062, Olathe, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,031 (100%) |
| Owner Occupied HU | 20,933 (69.7%) |
| Renter Occupied HU | 8,237 (27.4%) |
| Vacant Housing Units | 861 ( 2.9%) |
| Median Home Value | $371,271 |
| Average Home Value | $410,243 |
Housing Distribution
Address Breakdown
Residential
29,679
Single Family
25,578
Multi-Family
4,101
Businesses
1,625
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