2720 Chasehire DrLawrenceKS66046
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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 2720 Chasehire Dr, Lawrence, KS, 66046 generates $2,564/mo in rent and, after a $1,483/mo payment, leaves $548/mo in cash flow. Total monthly income is $2,564/mo, and annual cash flow is $6,579/yr on $100,445 invested. Return on cash invested sits at 26.46% in year one, and rental yield is 10.15% on a $303,000 entry. Equity gained on principal adds $1,955/yr, while 5% annual appreciation builds toward $83,713 over five years. Five-year ROI reaches 138.61% and total cumulative return in cash sums $139,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,564/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
0.29 Acres 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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