2002 N Woodlawn Blvd #2002DerbyKS67037
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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 Derby at 2002 N Woodlawn Blvd #2002, Derby, KS, 67037 generates $1,506/mo in rent and, after a $832/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,506/mo, and annual cash flow is $1,623/yr on $56,322 invested. Return on cash invested sits at 22.79% in year one, and rental yield is 10.64% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 120.83% and total cumulative return in cash sums $68,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,506/mo property income rather than buyer’s personal income.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
$2,880 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67037, Derby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,872 (100%) |
| Owner Occupied HU | 8,472 (65.8%) |
| Renter Occupied HU | 3,554 (27.6%) |
| Vacant Housing Units | 846 ( 6.6%) |
| Median Home Value | $268,132 |
| Average Home Value | $302,133 |
Housing Distribution
Address Breakdown
Residential
12,270
Single Family
10,678
Multi-Family
1,592
Businesses
774
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Listed by: Dixie Ball • Better Homes & Gardens Real Estate Wostal Realty
Mls Name: SCKMLS
Mls ID: #652128
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