301 S Rock Rd APT 74DerbyKS67037
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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 Derby at 301 S Rock Rd APT 74, Derby, KS, 67037 uses $61,328 cash to close to unlock $4,532/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $1,608/mo, and a $905/mo payment keeps the spread at $378/mo. Purchase price stands at $185,000, and rental yield measures 10.43% with $1,608/mo rent. Return on cash invested shows 27.3% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 143.1% and total cumulative return in cash records $87,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,608/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67037, Derby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,872 (100%) |
| Owner Occupied HU | 8,472 (65.8%) |
| Renter Occupied HU | 3,554 (27.6%) |
| Vacant Housing Units | 846 ( 6.6%) |
| Median Home Value | $268,132 |
| Average Home Value | $302,133 |
Housing Distribution
Address Breakdown
Residential
12,270
Single Family
10,678
Multi-Family
1,592
Businesses
774
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