249 Allcutt AveBonner SpringsKS66012
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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
Rental property for sale in Bonner Springs at 249 Allcutt Ave, Bonner Springs, KS, 66012 offers $1,920/mo rent that, after a $1,233/mo payment, leaves $244/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $2,927/yr on $83,538 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 9.14% at a $252,000 entry. Equity gained on principal adds $1,626/yr while 5% annual appreciation compounds into $69,623 by year five. Five-year ROI records 122.23% and total cumulative return in cash reaches $102,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,233/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66012, Bonner Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,061 (100%) |
| Owner Occupied HU | 2,819 (69.4%) |
| Renter Occupied HU | 1,049 (25.8%) |
| Vacant Housing Units | 193 ( 4.8%) |
| Median Home Value | $298,706 |
| Average Home Value | $349,087 |
Housing Distribution
Address Breakdown
Residential
3,950
Single Family
3,795
Multi-Family
155
Businesses
364
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Listed by: Magnolia KC Group • Compass Realty Group
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2567501