1800 Illinois StLawrenceKS66044
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
Investment property for sale in Lawrence at 1800 Illinois St, Lawrence, KS, 66044 listed at $495,000 pairs $2,537/mo rent with a $2,423/mo payment. Total monthly income runs $2,537/mo. Return on cash invested measures 14.38% in year one, and rental yield registers 6.15% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 73.79% and total cumulative return in cash totals $121,090. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,537/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66044, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,651 (100%) |
| Owner Occupied HU | 4,587 (36.3%) |
| Renter Occupied HU | 6,940 (54.9%) |
| Vacant Housing Units | 1,124 ( 8.9%) |
| Median Home Value | $254,609 |
| Average Home Value | $350,963 |
Housing Distribution
Address Breakdown
Residential
12,030
Single Family
9,834
Multi-Family
2,196
Businesses
1,537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices