2250 Lake Pointe Dr #701LawrenceKS66047
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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 Lawrence at 2250 Lake Pointe Dr #701, Lawrence, KS, 66047 offers a 5.66% rental yield on a $381,900 purchase with $1,800/mo rent. 49% in year one. Equity gained on principal adds $2,464/yr while 5% annual appreciation supports $105,512 over five years. Portfolio math shows five-year ROI at 53.84% and total cumulative return in cash at $68,157. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$253 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66047, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,818 (100%) |
| Owner Occupied HU | 4,423 (45.0%) |
| Renter Occupied HU | 4,791 (48.8%) |
| Vacant Housing Units | 604 ( 6.2%) |
| Median Home Value | $326,179 |
| Average Home Value | $371,531 |
Housing Distribution
Address Breakdown
Residential
9,210
Single Family
7,828
Multi-Family
1,382
Businesses
281
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Listed by: Rick Nesbitt • Berkshire Hathaway First
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #238235
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.