2916 Atchison CirLawrenceKS66047
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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 2916 Atchison Cir, Lawrence, KS, 66047 offers a 11.33% rental yield on a $336,400 purchase with $3,175/mo rent. Total monthly income registers $3,175/mo, and a $1,647/mo payment leaves $937/mo available for distribution. Annual cash flow reaches $11,238/yr on $111,517 to close, and return on cash invested stands at 29.99% in year one. Equity gained on principal adds $2,171/yr while 5% annual appreciation supports $92,941 over five years. Portfolio math shows five-year ROI at 157.5% and total cumulative return in cash at $175,636. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,175/mo property income against a $1,647/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
10,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66047, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,818 (100%) |
| Owner Occupied HU | 4,423 (45.0%) |
| Renter Occupied HU | 4,791 (48.8%) |
| Vacant Housing Units | 604 ( 6.2%) |
| Median Home Value | $326,179 |
| Average Home Value | $371,531 |
Housing Distribution
Address Breakdown
Residential
9,210
Single Family
7,828
Multi-Family
1,382
Businesses
281
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