1920 Joles DrTonganoxieKS66086
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
Rental property for sale in Tonganoxie at 1920 Joles Dr, Tonganoxie, KS, 66086 generates $2,280/mo in rent and, after a $1,224/mo payment, leaves $616/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $7,397/yr on $82,875 invested. Return on cash invested sits at 28.83% in year one, and rental yield is 10.94% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 151.34% and total cumulative return in cash sums $125,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Multi Family
Built in 2004
6,450 sqft 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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Nearby investment properties with comparable prices
Listed by: Brandi Betz-Hastings • Kansas City Regional Homes Inc
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2545517
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-15 13:03:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604