225 Lakeside DrCheneyKS67025
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
Investment property for sale in Cheney at 225 Lakeside Dr, Cheney, KS, 67025 with 5% annual appreciation on a $246,490 basis while $2,166/mo rent supports operations. Total monthly income totals $2,166/mo and a $1,206/mo payment preserves $527/mo for cash returns. Annual cash flow comes to $6,319/yr on $81,711 deployed, and return on cash invested reaches 27.64% in year one. Equity gained on principal adds $1,591/yr, and five-year appreciation sums $68,101 alongside rental yield of 10.54%. Five-year ROI measures 144.93% and total cumulative return in cash totals $118,428.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,166/mo property income versus a $1,206/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67025, Cheney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,188 (73.2%) |
| Renter Occupied HU | 319 (19.7%) |
| Vacant Housing Units | 115 ( 7.1%) |
| Median Home Value | $271,123 |
| Average Home Value | $299,548 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices