0 S Shay Rd #MB8VCBAndoverKS67002
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 Andover at 0 S Shay Rd #MB8VCB, Andover, KS, 67002 priced at $390,700 pairs $2,784/mo rent with $185/mo cash flow after a $1,912/mo payment. Total monthly income equals $2,784/mo, and annual cash flow comes to $2,220/yr on $129,517 invested. Return on cash invested is 21.62% in year one, and rental yield stands at 8.55% on a $390,700 basis. Equity gained on principal adds $2,521/yr, and 5% annual appreciation accumulates to $107,943 by year five. Five-year ROI measures 112.67% and total cumulative return in cash reaches $145,932. For financing, Ziffy Mortgage’s DSCR program evaluates $2,784/mo property income against a $1,912/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67002, Andover, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,452 (100%) |
| Owner Occupied HU | 4,625 (71.7%) |
| Renter Occupied HU | 1,388 (21.5%) |
| Vacant Housing Units | 439 ( 6.8%) |
| Median Home Value | $280,299 |
| Average Home Value | $307,744 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
5,874
Multi-Family
408
Businesses
576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices