1543 S Meadowhaven StAndoverKS67002
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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 Andover at 1543 S Meadowhaven St, Andover, KS, 67002 uses $99,119 cash to close to unlock $8,535/yr annual cash flow and $711/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,463/mo payment keeps the spread at $711/mo. Purchase price stands at $299,000, and rental yield measures 10.84% with $2,700/mo rent. Return on cash invested shows 28.52% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 149.66% and total cumulative return in cash records $148,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67002, Andover, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,452 (100%) |
| Owner Occupied HU | 4,625 (71.7%) |
| Renter Occupied HU | 1,388 (21.5%) |
| Vacant Housing Units | 439 ( 6.8%) |
| Median Home Value | $280,299 |
| Average Home Value | $307,744 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
5,874
Multi-Family
408
Businesses
576
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