1706 Springfield StGoddardKS67052
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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 Goddard at 1706 Springfield St, Goddard, KS, 67052 uses $86,157 cash to close to unlock $9,648/yr annual cash flow and $804/mo monthly cash flow. Total monthly income runs $2,533/mo, and a $1,272/mo payment keeps the spread at $804/mo. Purchase price stands at $259,900, and rental yield measures 11.7% with $2,533/mo rent. Return on cash invested shows 31.11% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 163.56% and total cumulative return in cash records $140,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,533/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 2001
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67052, Goddard, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,459 (100%) |
| Owner Occupied HU | 2,813 (81.3%) |
| Renter Occupied HU | 460 (13.3%) |
| Vacant Housing Units | 186 ( 5.4%) |
| Median Home Value | $319,989 |
| Average Home Value | $347,386 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,187
Multi-Family
80
Businesses
214
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