1204 Saint Patricks DrChapmanKS67431
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 Chapman at 1204 Saint Patricks Dr, Chapman, KS, 67431 uses $109,229 cash to close to unlock $8,240/yr annual cash flow and $687/mo monthly cash flow. Total monthly income runs $2,879/mo, and a $1,613/mo payment keeps the spread at $687/mo. Purchase price stands at $329,500, and rental yield measures 10.48% with $2,879/mo rent. Return on cash invested shows 27.45% in year one, and 5% annual appreciation builds toward $91,035 over five years. Five-year ROI reaches 143.92% and total cumulative return in cash records $157,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,879/mo property income covering a $1,613/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67431, Chapman, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 663 (66.5%) |
| Renter Occupied HU | 228 (22.9%) |
| Vacant Housing Units | 106 (10.6%) |
| Median Home Value | $214,177 |
| Average Home Value | $229,476 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
784
Multi-Family
19
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices