109 N Harrison StSpring HillKS66083
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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
Rental property for sale in Spring Hill at 109 N Harrison St, Spring Hill, KS, 66083 priced at $260,000 pairs $2,274/mo rent with $544/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,274/mo, and annual cash flow comes to $6,526/yr on $86,190 invested. Return on cash invested is 27.48% in year one, and rental yield stands at 10.5% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 144.05% and total cumulative return in cash reaches $124,157. For financing, Ziffy Mortgage’s DSCR program evaluates $2,274/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66083, Spring Hill, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,940 (100%) |
| Owner Occupied HU | 3,876 (78.5%) |
| Renter Occupied HU | 793 (16.1%) |
| Vacant Housing Units | 271 ( 5.5%) |
| Median Home Value | $388,499 |
| Average Home Value | $458,838 |
Housing Distribution
Address Breakdown
Residential
4,877
Single Family
4,855
Multi-Family
22
Businesses
230
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Listed by: Christi Kettler • KW Diamond Partners
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2579342