1861 Fall Creek DrTonganoxieKS66086
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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 Tonganoxie at 1861 Fall Creek Dr, Tonganoxie, KS, 66086 offers a 8.74% rental yield on a $210,000 purchase with $1,530/mo rent. Total monthly income registers $1,530/mo, and a $1,028/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,593/yr on $69,615 to close, and return on cash invested stands at 22.2% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 115.74% and total cumulative return in cash at $80,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,530/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66086, Tonganoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,546 (100%) |
| Owner Occupied HU | 3,554 (78.2%) |
| Renter Occupied HU | 802 (17.6%) |
| Vacant Housing Units | 190 ( 4.2%) |
| Median Home Value | $322,334 |
| Average Home Value | $372,297 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,173
Multi-Family
48
Businesses
203
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Listed by: Hilary Marquette • Platinum Realty LLC
Mls Name: Sunflower AOR
Mls ID: #242686