18524 W 205th StRichmondKS66080
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 Richmond at 18524 W 205th St, Richmond, KS, 66080 offers a 8.18% rental yield on a $516,910 purchase with $3,523/mo rent. Total monthly income registers $3,523/mo, and a $2,530/mo payment leaves $84/mo available for distribution. Annual cash flow reaches $1,009/yr on $170,063 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $3,336/yr while 5% annual appreciation supports $142,813 over five years. Portfolio math shows five-year ROI at 107.44% and total cumulative return in cash at $182,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,523/mo property income against a $2,530/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66080, Richmond, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 348 (76.0%) |
| Renter Occupied HU | 59 (12.9%) |
| Vacant Housing Units | 51 (11.1%) |
| Median Home Value | $228,241 |
| Average Home Value | $237,170 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
21
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