1047 N 635th RdBaldwin CityKS66006
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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
Investment property for sale in Baldwin City at 1047 N 635th Rd, Baldwin City, KS, 66006 offers a 7.2% rental yield on a $479,900 purchase with $2,880/mo rent. 55% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 90.82% and total cumulative return in cash at $144,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66006, Baldwin City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,163 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 650 (20.6%) |
| Vacant Housing Units | 162 ( 5.1%) |
| Median Home Value | $358,486 |
| Average Home Value | $416,809 |
Housing Distribution
Address Breakdown
Residential
2,701
Single Family
2,671
Multi-Family
30
Businesses
199
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Listed by: Ryan Desch • R+K REAL ESTATE SOLUTIONS, LLC
Mls Name: LBORMLS
Mls Provider:
Mls ID: #162108
Disclaimer: The data displayed on this page is confidential, proprietary, and copyrighted data of Lawrence Multiple Listing Service, Inc., of the Lawrence, Kansas, Board of REALTORS, Copyright 2024. Lawrence Multiple Listing Service, Inc., and Zillow, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the data displayed herein. In consideration for the receipt of the data on this page, the recipient agrees to use the data solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.