213 N Minnesota StLawrenceKS66044
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
Rental property for sale in Lawrence at 213 N Minnesota St, Lawrence, KS, 66044 priced at $213,900 pairs $1,799/mo rent with $376/mo cash flow after a $1,047/mo payment. Total monthly income equals $1,799/mo, and annual cash flow comes to $4,511/yr on $70,908 invested. Return on cash invested is 26.27% in year one, and rental yield stands at 10.09% on a $213,900 basis. Equity gained on principal adds $1,380/yr, and 5% annual appreciation accumulates to $59,097 by year five. Five-year ROI measures 137.56% and total cumulative return in cash reaches $97,540. For financing, Ziffy Mortgage’s DSCR program evaluates $1,799/mo property income against a $1,047/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66044, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,651 (100%) |
| Owner Occupied HU | 4,587 (36.3%) |
| Renter Occupied HU | 6,940 (54.9%) |
| Vacant Housing Units | 1,124 ( 8.9%) |
| Median Home Value | $254,609 |
| Average Home Value | $350,963 |
Housing Distribution
Address Breakdown
Residential
12,030
Single Family
9,834
Multi-Family
2,196
Businesses
1,537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Maigaard • MCGREW REAL ESTATE
Mls Name: LBORMLS
Mls Provider:
Mls ID: #162840
Disclaimer: The data displayed on this page is confidential, proprietary, and copyrighted data of Lawrence Multiple Listing Service, Inc., of the Lawrence, Kansas, Board of REALTORS, Copyright 2025. Lawrence Multiple Listing Service, Inc., and Zillow, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the data displayed herein. In consideration for the receipt of the data on this page, the recipient agrees to use the data solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.