1962 N 500th RdBaldwin CityKS66006
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
Total monthly income runs $6,475/mo, and a $8,565/mo payment. Purchase price stands at $1,750,000, and rental yield measures 4.44% with $6,475/mo rent. Return on cash invested shows 9.43% in year one, and 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 47.19% and total cumulative return in cash records $267,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,475/mo property income covering a $8,565/mo payment rather than investor’s personal income.
Single Family
Built in 1991
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66006, Baldwin City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,163 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 650 (20.6%) |
| Vacant Housing Units | 162 ( 5.1%) |
| Median Home Value | $358,486 |
| Average Home Value | $416,809 |
Housing Distribution
Address Breakdown
Residential
2,701
Single Family
2,671
Multi-Family
30
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Gordon • RE/MAX STATE LINE
Mls Name: LBORMLS
Mls Provider:
Mls ID: #162275
Disclaimer: The data displayed on this page is confidential, proprietary, and copyrighted data of Lawrence Multiple Listing Service, Inc., of the Lawrence, Kansas, Board of REALTORS, Copyright 2024. Lawrence Multiple Listing Service, Inc., and Zillow, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the data displayed herein. In consideration for the receipt of the data on this page, the recipient agrees to use the data solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.