2025 N Reece RdGoddardKS67052
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2025 N Reece Rd, Goddard, KS, 67052 in Goddard deserves attention. This $185,900 property earns $1,974/mo in rent, a 12.74% gross yield, and nets $677/mo after the $836/mo payment. DSCR 2.36 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $51,361 compounds alongside $1,712/yr in yearly equity build, for a total cumulative return of $114,757.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 7.2% |
| Monthly Cash Flow | $677 | $12,000 |
City averages based on Goddard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,974 |
| Total Monthly Debt Service | $1,223 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$720 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67052, Goddard, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,459 (100%) |
| Owner Occupied HU | 2,813 (81.3%) |
| Renter Occupied HU | 460 (13.3%) |
| Vacant Housing Units | 186 ( 5.4%) |
| Median Home Value | $319,989 |
| Average Home Value | $347,386 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,187
Multi-Family
80
Businesses
214
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
Multi Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$720 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67052, Goddard, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,459 (100%) |
| Owner Occupied HU | 2,813 (81.3%) |
| Renter Occupied HU | 460 (13.3%) |
| Vacant Housing Units | 186 ( 5.4%) |
| Median Home Value | $319,989 |
| Average Home Value | $347,386 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,187
Multi-Family
80
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Stephenson • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #656174
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.