3220 Creekwood DrLawrenceKS66049
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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 Lawrence at 3220 Creekwood Dr, Lawrence, KS, 66049 uses $91,163 cash to close to unlock $3,893/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,346/mo payment keeps the spread at $324/mo. Purchase price stands at $275,000, and rental yield measures 9.4% with $2,154/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 126.37% and total cumulative return in cash records $115,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1979
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66049, Lawrence, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,131 (100%) |
| Owner Occupied HU | 7,951 (49.3%) |
| Renter Occupied HU | 7,019 (43.5%) |
| Vacant Housing Units | 1,161 ( 7.2%) |
| Median Home Value | $373,127 |
| Average Home Value | $405,069 |
Housing Distribution
Address Breakdown
Residential
15,168
Single Family
13,350
Multi-Family
1,818
Businesses
675
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