20660 Lackman RdSpring 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 20660 Lackman Rd, Spring Hill, KS, 66083 listed at $572,300 pairs $3,500/mo rent with a $2,801/mo payment. Total monthly income runs $3,500/mo. Return on cash invested measures 18.1% in year one, and rental yield registers 7.34% at a $572,300 basis. Equity gained on principal adds $3,693/yr, and annual property appreciation at 5% supports $158,116 by year five. Five-year ROI tracks 93.73% and total cumulative return in cash totals $176,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,500/mo property income relative to a $2,801/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
10.20 Acres 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: N/A • N/A
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