18615 W 193rd StSpring HillKS64082
Nearby investment properties with comparable rents
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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 Spring Hill at 18615 W 193rd St, Spring Hill, KS, 64082 listed at $599,950 pairs $2,154/mo rent with a $2,936/mo payment. Total monthly income runs $2,154/mo. Return on cash invested measures 8.89% in year one, and rental yield registers 4.31% at a $599,950 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,755 by year five. Five-year ROI tracks 44.36% and total cumulative return in cash totals $87,560. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,154/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64082, Lees Summit, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,912 (100%) |
| Owner Occupied HU | 5,820 (84.2%) |
| Renter Occupied HU | 915 (13.2%) |
| Vacant Housing Units | 177 ( 2.6%) |
| Median Home Value | $389,098 |
| Average Home Value | $408,603 |
Housing Distribution
Address Breakdown
Residential
7,178
Single Family
6,643
Multi-Family
535
Businesses
159
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Listed by: Lisa Rater • Weichert, Realtors Welch & Com
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2571413