The Joanna Plan, CedarcrestLenexaKS66227
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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
Rental property for sale in Lenexa at The Joanna Plan, Cedarcrest, Lenexa, KS, 66227 priced at $446,100 converts $3,454/mo rent into $487/mo cash flow after a $2,183/mo obligation. Total monthly income equals $3,454/mo, and annual cash flow totals $5,839/yr on $147,882 invested. Return on cash invested prints 23.86% in year one, and rental yield reads 9.29% against a $446,100 entry. Equity gained on principal adds $2,879/yr, while 5% annual appreciation compiles into $123,249 by year five. Five-year ROI reaches 124.64% and total cumulative return in cash sums $184,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,454/mo property income covering a $2,183/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66227, Shawnee Mission, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,835 (100%) |
| Owner Occupied HU | 3,132 (81.7%) |
| Renter Occupied HU | 479 (12.5%) |
| Vacant Housing Units | 224 ( 5.8%) |
| Median Home Value | $483,709 |
| Average Home Value | $519,741 |
Housing Distribution
Address Breakdown
Residential
4,231
Single Family
3,879
Multi-Family
352
Businesses
196
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