2002 Chouteau AveBaxter SpringsKS66713
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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
Rental property for sale in Baxter Springs at 2002 Chouteau Ave, Baxter Springs, KS, 66713 generates $1,049/mo in rent and, after a $592/mo payment, leaves $244/mo in cash flow. Total monthly income is $1,049/mo, and annual cash flow is $2,933/yr on $40,078 invested. Return on cash invested sits at 27.23% in year one, and rental yield is 10.41% on a $120,900 entry. Equity gained on principal adds $780/yr, while 5% annual appreciation builds toward $33,402 over five years. Five-year ROI reaches 142.79% and total cumulative return in cash sums $57,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,049/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66713, Baxter Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,457 (58.4%) |
| Renter Occupied HU | 646 (25.9%) |
| Vacant Housing Units | 393 (15.7%) |
| Median Home Value | $113,932 |
| Average Home Value | $139,537 |
Housing Distribution
Address Breakdown
Residential
2,255
Single Family
2,248
Multi-Family
7
Businesses
184
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