127 W North Point DrDerbyKS67037
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
Rental property for sale in Derby at 127 W North Point Dr, Derby, KS, 67037 priced at $155,000 converts $1,417/mo rent into $385/mo cash flow after a $759/mo obligation. Total monthly income equals $1,417/mo, and annual cash flow totals $4,625/yr on $51,383 invested. Return on cash invested prints 28.91% in year one, and rental yield reads 10.97% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 151.79% and total cumulative return in cash sums $77,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,417/mo property income covering a $759/mo payment, not borrower’s personal income.
Multi Family
Built in 1982
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67037, Derby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,872 (100%) |
| Owner Occupied HU | 8,472 (65.8%) |
| Renter Occupied HU | 3,554 (27.6%) |
| Vacant Housing Units | 846 ( 6.6%) |
| Median Home Value | $268,132 |
| Average Home Value | $302,133 |
Housing Distribution
Address Breakdown
Residential
12,270
Single Family
10,678
Multi-Family
1,592
Businesses
774
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices