322 Village RdAndoverKS67002
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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 Andover at 322 Village Rd, Andover, KS, 67002 listed at $295,800 pairs $2,392/mo rent with a $1,448/mo payment to leave $424/mo cash flow. Total monthly income runs $2,392/mo, and annual cash flow reaches $5,087/yr on $98,058 cash to close. Return on cash invested measures 25.1% in year one, and rental yield registers 9.7% at a $295,800 basis. Equity gained on principal adds $1,909/yr, and annual property appreciation at 5% supports $81,724 by year five. Five-year ROI tracks 131.26% and total cumulative return in cash totals $128,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,392/mo property income relative to a $1,448/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67002, Andover, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,452 (100%) |
| Owner Occupied HU | 4,625 (71.7%) |
| Renter Occupied HU | 1,388 (21.5%) |
| Vacant Housing Units | 439 ( 6.8%) |
| Median Home Value | $280,299 |
| Average Home Value | $307,744 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
5,874
Multi-Family
408
Businesses
576
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