2521 Wanda WayLawrenceKS66046
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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 Lawrence at 2521 Wanda Way, Lawrence, KS, 66046 priced at $306,500 converts $0/mo rent into after a $1,500/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.17% in year one, and rental yield reads 0% against a $306,500 entry. Equity gained on principal adds $1,978/yr, while 5% annual appreciation compiles into $84,680 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,500/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66046, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,259 (100%) |
| Owner Occupied HU | 3,894 (42.1%) |
| Renter Occupied HU | 4,679 (50.5%) |
| Vacant Housing Units | 686 ( 7.4%) |
| Median Home Value | $233,787 |
| Average Home Value | $291,424 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
8,089
Multi-Family
1,281
Businesses
872
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices