2540 Shady LnIndependenceKS67301
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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 Independence at 2540 Shady Ln, Independence, KS, 67301 generates $2,342/mo in rent and, after a $1,268/mo payment, leaves $619/mo in cash flow. Total monthly income is $2,342/mo, and annual cash flow is $7,423/yr on $85,859 invested. Return on cash invested sits at 28.55% in year one, and rental yield is 10.85% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 149.83% and total cumulative return in cash sums $128,644. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,342/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
4,863 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67301, Independence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,975 (100%) |
| Owner Occupied HU | 3,459 (57.9%) |
| Renter Occupied HU | 1,535 (25.7%) |
| Vacant Housing Units | 981 (16.4%) |
| Median Home Value | $143,820 |
| Average Home Value | $161,490 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,183
Multi-Family
197
Businesses
634
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Listed by: Todd Young • Bill White Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2568237