1349 Westbrooke StLawrenceKS66049
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 Lawrence at 1349 Westbrooke St, Lawrence, KS, 66049 offers $1,316/mo rent that, after a $566/mo payment, leaves $430/mo cash flow. Total monthly income is $1,316/mo, and annual cash flow is $5,155/yr on $38,355 cash. Return on cash invested measures 33.35% in year one, and rental yield stands at 13.65% at a $115,700 entry. Equity gained on principal adds $747/yr while 5% annual appreciation compounds into $31,966 by year five. Five-year ROI records 176.9% and total cumulative return in cash reaches $67,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,316/mo property income versus a $566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$117 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66049, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,131 (100%) |
| Owner Occupied HU | 7,951 (49.3%) |
| Renter Occupied HU | 7,019 (43.5%) |
| Vacant Housing Units | 1,161 ( 7.2%) |
| Median Home Value | $373,127 |
| Average Home Value | $405,069 |
Housing Distribution
Address Breakdown
Residential
15,168
Single Family
13,350
Multi-Family
1,818
Businesses
675
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