20629 Skyview LnSpring 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
Rental property for sale in Spring Hill at 20629 Skyview Ln, Spring Hill, KS, 66083 generates $2,890/mo in rent, after a $2,813/mo payment. Total monthly income is $2,890/mo. Return on cash invested sits at 14.14% in year one, and rental yield is 6.03% on a $574,775 entry. Equity gained on principal adds $3,709/yr, while 5% annual appreciation builds toward $158,800 over five years. Five-year ROI reaches 72.47% and total cumulative return in cash sums $137,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,890/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,840 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: Haley White • ReeceNichols - Lees Summit
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597646