118 Chapel DrAndoverKS67002
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
Investment property for sale in Andover at 118 Chapel Dr, Andover, KS, 67002 at $309,900 posts ROI 23.04% with $268/mo cash flow from $2,330/mo rent. Total monthly income equals $2,330/mo, and annual cash flow records $3,217/yr on $102,732 to close. Return on cash invested measures 23.04% and rental yield reads 9.02% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 120.29% and total cumulative return in cash totals $123,576.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,330/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
10,454 sqft 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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