2212 E Spring Hill DrGoddardKS67052
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 Goddard at 2212 E Spring Hill Dr, Goddard, KS, 67052 priced at $265,000 converts $1,960/mo rent into $179/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,960/mo, and annual cash flow totals $2,145/yr on $87,848 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 8.88% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 116.65% and total cumulative return in cash sums $102,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,960/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
$220 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67052, Goddard, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,459 (100%) |
| Owner Occupied HU | 2,813 (81.3%) |
| Renter Occupied HU | 460 (13.3%) |
| Vacant Housing Units | 186 ( 5.4%) |
| Median Home Value | $319,989 |
| Average Home Value | $347,386 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,187
Multi-Family
80
Businesses
214
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Listed by: Jessica Albers • Keller Williams Hometown Partners
Mls Name: SCKMLS
Mls ID: #653946
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