3 Lake Park CtWinfieldKS67156
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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
Rental property for sale in Winfield at 3 Lake Park Ct, Winfield, KS, 67156 priced at $205,000 pairs $1,572/mo rent with $209/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,572/mo, and annual cash flow comes to $2,502/yr on $67,958 invested. Return on cash invested is 23.59% in year one, and rental yield stands at 9.2% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 123.23% and total cumulative return in cash reaches $83,742. For financing, Ziffy Mortgage’s DSCR program evaluates $1,572/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67156, Winfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,542 (100%) |
| Owner Occupied HU | 3,558 (54.4%) |
| Renter Occupied HU | 2,071 (31.7%) |
| Vacant Housing Units | 913 (14.0%) |
| Median Home Value | $166,899 |
| Average Home Value | $205,535 |
Housing Distribution
Address Breakdown
Residential
6,083
Single Family
5,705
Multi-Family
378
Businesses
575
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