0 S Shay Rd #WOVQLJAndoverKS67002
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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 Andover at 0 S Shay Rd #WOVQLJ, Andover, KS, 67002 offers $2,412/mo rent that, after a $1,461/mo payment, leaves $426/mo cash flow. Total monthly income is $2,412/mo, and annual cash flow is $5,114/yr on $98,953 cash. Return on cash invested measures 25.08% in year one, and rental yield stands at 9.7% at a $298,500 entry. Equity gained on principal adds $1,926/yr while 5% annual appreciation compounds into $82,470 by year five. Five-year ROI records 131.2% and total cumulative return in cash reaches $129,825. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,412/mo property income versus a $1,461/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and 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
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