311 Washington StBaldwin CityKS66006
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 Baldwin City at 311 Washington St, Baldwin City, KS, 66006 offers a 10.59% rental yield on a $162,500 purchase with $1,434/mo rent. Total monthly income registers $1,434/mo, and a $795/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,239/yr on $53,869 to close, and return on cash invested stands at 27.78% in year one. Equity gained on principal adds $1,049/yr while 5% annual appreciation supports $44,896 over five years. Portfolio math shows five-year ROI at 145.72% and total cumulative return in cash at $78,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $795/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,867 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66006, Baldwin City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,163 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 650 (20.6%) |
| Vacant Housing Units | 162 ( 5.1%) |
| Median Home Value | $358,486 |
| Average Home Value | $416,809 |
Housing Distribution
Address Breakdown
Residential
2,701
Single Family
2,671
Multi-Family
30
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Andrew • ReeceNichols - Overland Park
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2565921