2548 Cimarron DrLawrenceKS66046
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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
Rental property for sale in Lawrence at 2548 Cimarron Dr, Lawrence, KS, 66046 priced at $241,300 pairs $2,086/mo rent with $481/mo cash flow after a $1,181/mo payment. Total monthly income equals $2,086/mo, and annual cash flow comes to $5,769/yr on $79,991 invested. Return on cash invested is 27.12% in year one, and rental yield stands at 10.37% on a $241,300 basis. Equity gained on principal adds $1,557/yr, and 5% annual appreciation accumulates to $66,667 by year five. Five-year ROI measures 142.14% and total cumulative return in cash reaches $113,702. For financing, Ziffy Mortgage’s DSCR program evaluates $2,086/mo property income against a $1,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
8,276 sqft 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
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