2926 Eagle Ridge RdMilfordKS66514
Nearby investment properties with comparable rents
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
Investment property for sale in Milford at 2926 Eagle Ridge Rd, Milford, KS, 66514 offers a 8.48% rental yield on a $449,900 purchase with $3,180/mo rent. Total monthly income registers $3,180/mo, and a $2,202/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,243/yr on $149,142 to close, and return on cash invested stands at 21.41% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 111.5% and total cumulative return in cash at $166,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66514, Milford, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 734 (100%) |
| Owner Occupied HU | 503 (68.5%) |
| Renter Occupied HU | 98 (13.4%) |
| Vacant Housing Units | 133 (18.1%) |
| Median Home Value | $255,088 |
| Average Home Value | $261,103 |
Housing Distribution
Address Breakdown
Residential
492
Single Family
492
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodie Wilkey • Homefront Real Estate Group
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251433
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.