2223 NE 74th StMeridenKS66512
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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 Meriden at 2223 NE 74th St, Meriden, KS, 66512 offers a 7.11% rental yield on a $544,350 purchase with $3,225/mo rent. 41% in year one. Equity gained on principal adds $3,513/yr while 5% annual appreciation supports $150,394 over five years. Portfolio math shows five-year ROI at 90% and total cumulative return in cash at $161,184. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,225/mo property income against a $2,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
3.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66512, Meriden, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 1,088 (80.7%) |
| Renter Occupied HU | 163 (12.1%) |
| Vacant Housing Units | 98 ( 7.3%) |
| Median Home Value | $235,000 |
| Average Home Value | $285,319 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,260
Multi-Family
0
Businesses
77
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Listed by: Erica Lichtenauer • Countrywide Realty, Inc.
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #236134
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.