21790 S Race StSpring 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 21790 S Race St, Spring Hill, KS, 66083 offers a 6.91% rental yield on a $394,900 purchase with $2,274/mo rent. 67% in year one. Equity gained on principal adds $2,548/yr while 5% annual appreciation supports $109,104 over five years. Portfolio math shows five-year ROI at 86.08% and total cumulative return in cash at $112,691. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,274/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
9,480 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: Jim Spielbusch • Kansas City Regional Homes Inc
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2547870