1214 W 29th CtLawrenceKS66046
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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 Lawrence at 1214 W 29th Ct, Lawrence, KS, 66046 earns $437/mo cash flow from $2,822/mo rent with a $1,755/mo payment. Total monthly income totals $2,822/mo, and annual cash flow totals $5,240/yr on $118,843 capital. ROI tracks 24.32% on current figures, and rental yield reads 9.45% at a $358,500 purchase. Equity gained on principal adds $2,313/yr, and 5% annual appreciation supports $99,047 over five years. Five-year ROI reaches 127.1% and total cumulative return in cash sums $151,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,822/mo property income instead of your personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66046, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,259 (100%) |
| Owner Occupied HU | 3,894 (42.1%) |
| Renter Occupied HU | 4,679 (50.5%) |
| Vacant Housing Units | 686 ( 7.4%) |
| Median Home Value | $233,787 |
| Average Home Value | $291,424 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,089
Multi-Family
1,281
Businesses
872
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