2625 Gaineswood AveBaxter SpringsKS66713
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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 Baxter Springs at 2625 Gaineswood Ave, Baxter Springs, KS, 66713 offers $4,570/mo rent that, after a $3,353/mo payment, leaves $13/mo cash flow. Total monthly income is $4,570/mo, and annual cash flow is $150/yr on $225,365 cash. Return on cash invested measures 20.13% in year one, and rental yield stands at 8.01% at a $685,000 entry. Equity gained on principal adds $4,420/yr while 5% annual appreciation compounds into $189,253 by year five. Five-year ROI records 104.59% and total cumulative return in cash reaches $235,714. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,570/mo property income versus a $3,353/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66713, Baxter Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,457 (58.4%) |
| Renter Occupied HU | 646 (25.9%) |
| Vacant Housing Units | 393 (15.7%) |
| Median Home Value | $113,932 |
| Average Home Value | $139,537 |
Housing Distribution
Address Breakdown
Residential
2,255
Single Family
2,248
Multi-Family
7
Businesses
184
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Listed by: Joshua Ames • KINGREY REAL ESTATE
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #250111
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.