206 N Nettleton AveBonner SpringsKS66012
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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 Bonner Springs at 206 N Nettleton Ave, Bonner Springs, KS, 66012 priced at $150,000 converts $1,151/mo rent into $153/mo cash flow after a $734/mo obligation. Total monthly income equals $1,151/mo, and annual cash flow totals $1,839/yr on $49,725 invested. Return on cash invested prints 23.61% in year one, and rental yield reads 9.21% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 123.35% and total cumulative return in cash sums $61,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,151/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1916
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66012, Bonner Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,061 (100%) |
| Owner Occupied HU | 2,819 (69.4%) |
| Renter Occupied HU | 1,049 (25.8%) |
| Vacant Housing Units | 193 ( 4.8%) |
| Median Home Value | $298,706 |
| Average Home Value | $349,087 |
Housing Distribution
Address Breakdown
Residential
3,950
Single Family
3,795
Multi-Family
155
Businesses
364
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Listed by: Daniel Israel • TribeKC Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2585430