1312 E Lookout StDerbyKS67037
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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 Derby at 1312 E Lookout St, Derby, KS, 67037 offers a 3.32% rental yield on a $850,000 purchase with $2,353/mo rent. 89% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 28.26% and total cumulative return in cash at $79,042. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,353/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.45 Acres 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
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