ZIP CODE 66062 // KANSAS CITY, MO-KS // DATA AS OF 2026-09-30
Olathe, KS (66062) Rental Property Cap Rate & Cash Flow Report
Located in Johnson County (Olathe, KS), Zip Code 66062 ranks #373 of 500 within this selected sample (26th percentile) with a Zillow ZHVI typical home-value index of $438,087 (+4.7% YoY) and a ZORI observed market rent of $1,782/mo (+4.0% YoY). Requires at least 67.6% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,318/mo
Annual: -$15,819/yr
Modeled Cap Rate
2.46%
NOI: $10,763/yr
Cash-on-Cash Return
-15.70%
Cash Needed: $100,760
1% Rule Ratio
0.41%
Gross Yield: 4.88%
Break-Even Rent
$3,297/mo
State Tax: 1.29%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 66062 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (KS Avg 1.29%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,215/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$885/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (66062)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $342,040 | $1,402/mo | 4.92% |
| 2022 | $380,941 | $1,527/mo | 4.81% |
| 2023 | $399,675 | $1,565/mo | 4.70% |
| 2024 | $409,530 | $1,622/mo | 4.75% |
| 2025 | $418,458 | $1,713/mo | 4.91% |
| 2026 | $438,087 | $1,782/mo | 4.88% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 66061 Olathe, KS | $434,232 | $1,827/mo | 2.60% | -$1,254/mo |
| 91331 Los Angeles, CA | $727,329 | $2,569/mo | 2.48% | -$2,176/mo |
| 90650 Norwalk, CA | $753,843 | $2,664/mo | 2.48% | -$2,254/mo |
| 95630 Folsom, CA | $754,973 | $2,669/mo | 2.48% | -$2,257/mo |
| 65203 Columbia, MO | $371,281 | $1,374/mo | 2.48% | -$1,109/mo |
| 94541 Hayward, CA | $759,862 | $2,691/mo | 2.49% | -$2,267/mo |