3009 Somerset DrLeavenworthKS66048
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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 Leavenworth at 3009 Somerset Dr, Leavenworth, KS, 66048 priced at $429,900 converts $2,921/mo rent into $61/mo cash flow after a $2,104/mo obligation. Total monthly income equals $2,921/mo, and annual cash flow totals $733/yr on $142,512 invested. Return on cash invested prints 20.42% in year one, and rental yield reads 8.15% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 106.24% and total cumulative return in cash sums $151,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,921/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 2011
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66048, Leavenworth, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,636 (100%) |
| Owner Occupied HU | 8,787 (56.2%) |
| Renter Occupied HU | 5,431 (34.7%) |
| Vacant Housing Units | 1,418 ( 9.1%) |
| Median Home Value | $238,560 |
| Average Home Value | $270,904 |
Housing Distribution
Address Breakdown
Residential
14,675
Single Family
14,056
Multi-Family
619
Businesses
964
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Listed by: Rick Hansen • Realty Executives
Mls Name: HKMMLS as distributed by MLS GRID
Mls ID: #2558332