20190 W 223rd TerSpring HillKS66083
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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 20190 W 223rd Ter, Spring Hill, KS, 66083 listed at $430,900 pairs $2,890/mo rent with a $2,109/mo payment to leave $23/mo cash flow. Total monthly income runs $2,890/mo, and annual cash flow reaches $280/yr on $142,843 cash to close. Return on cash invested measures 20.1% in year one, and rental yield registers 8.05% at a $430,900 basis. Equity gained on principal adds $2,781/yr, and annual property appreciation at 5% supports $119,050 by year five. Five-year ROI tracks 104.51% and total cumulative return in cash totals $149,289. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,890/mo property income relative to a $2,109/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
9,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66083, Spring Hill, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,940 (100%) |
| Owner Occupied HU | 3,876 (78.5%) |
| Renter Occupied HU | 793 (16.1%) |
| Vacant Housing Units | 271 ( 5.5%) |
| Median Home Value | $388,499 |
| Average Home Value | $458,838 |
Housing Distribution
Address Breakdown
Residential
4,877
Single Family
4,855
Multi-Family
22
Businesses
230
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Listed by: TimRay Team • HomeSmart Legacy
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2571569