1041 Military AveBaxter SpringsKS66713
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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
Investment property for sale in Baxter Springs at 1041 Military Ave, Baxter Springs, KS, 66713 earns $77/mo cash flow from $1,102/mo rent with a $754/mo payment. Total monthly income totals $1,102/mo, and annual cash flow totals $927/yr on $51,051 capital. ROI tracks 21.72% on current figures, and rental yield reads 8.59% at a $154,000 purchase. Equity gained on principal adds $994/yr, and 5% annual appreciation supports $42,547 over five years. Five-year ROI reaches 113.28% and total cumulative return in cash sums $57,830. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,102/mo property income instead of your personal income.
Single Family
Built in 1900
10,295 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66713, Baxter Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,457 (58.4%) |
| Renter Occupied HU | 646 (25.9%) |
| Vacant Housing Units | 393 (15.7%) |
| Median Home Value | $113,932 |
| Average Home Value | $139,537 |
Housing Distribution
Address Breakdown
Residential
2,255
Single Family
2,248
Multi-Family
7
Businesses
184
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Listed by: Joshua Ames • KINGREY REAL ESTATE
Mls Name: Ozark Gateway AOR
Mls ID: #243329