209 Hillside DrBaldwin CityKS66006
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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
Rental property for sale in Baldwin City at 209 Hillside Dr, Baldwin City, KS, 66006 offers $2,880/mo rent that, after a $1,909/mo payment, leaves $285/mo cash flow. Total monthly income is $2,880/mo, and annual cash flow is $3,423/yr on $129,285 cash. Return on cash invested measures 22.56% in year one, and rental yield stands at 8.86% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 117.67% and total cumulative return in cash reaches $152,132. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,880/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
7,872 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66006, Baldwin City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,163 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 650 (20.6%) |
| Vacant Housing Units | 162 ( 5.1%) |
| Median Home Value | $358,486 |
| Average Home Value | $416,809 |
Housing Distribution
Address Breakdown
Residential
2,701
Single Family
2,671
Multi-Family
30
Businesses
199
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Listed by: Martin Taggart • LPT Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2588549