205 Lakeside DrCheneyKS67025
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
Investment property for sale in Cheney at 205 Lakeside Dr, Cheney, KS, 67025 at $236,490 posts ROI 27.37% with $487/mo cash flow from $2,061/mo rent. Total monthly income equals $2,061/mo, and annual cash flow records $5,846/yr on $78,396 to close. Return on cash invested measures 27.37% and rental yield reads 10.46% at the current $236,490. Equity gained on principal adds $1,526/yr, and 5% annual appreciation supports $65,338 by year five. Five-year ROI prints 143.49% and total cumulative return in cash totals $112,492.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,061/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67025, Cheney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,188 (73.2%) |
| Renter Occupied HU | 319 (19.7%) |
| Vacant Housing Units | 115 ( 7.1%) |
| Median Home Value | $271,123 |
| Average Home Value | $299,548 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
86
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