2603 Orchard LnLawrenceKS66049
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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 2603 Orchard Ln, Lawrence, KS, 66049 uses $120,069 cash to close to unlock $9,056/yr annual cash flow and $755/mo monthly cash flow. Total monthly income runs $3,186/mo, and a $1,773/mo payment keeps the spread at $755/mo. Purchase price stands at $362,200, and rental yield measures 10.56% with $3,186/mo rent. Return on cash invested shows 27.45% in year one, and 5% annual appreciation builds toward $100,069 over five years. Five-year ROI reaches 143.98% and total cumulative return in cash records $172,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,186/mo property income covering a $1,773/mo payment rather than investor’s personal income.
Single Family
Built in 1964
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66049, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,131 (100%) |
| Owner Occupied HU | 7,951 (49.3%) |
| Renter Occupied HU | 7,019 (43.5%) |
| Vacant Housing Units | 1,161 ( 7.2%) |
| Median Home Value | $373,127 |
| Average Home Value | $405,069 |
Housing Distribution
Address Breakdown
Residential
15,168
Single Family
13,350
Multi-Family
1,818
Businesses
675
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