342 Armour StBonner SpringsKS66012
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 Bonner Springs at 342 Armour St, Bonner Springs, KS, 66012 at $359,500 posts ROI 20.8% with $89/mo cash flow from $2,481/mo rent. Total monthly income equals $2,481/mo, and annual cash flow records $1,067/yr on $119,174 to close. Return on cash invested measures 20.8% and rental yield reads 8.28% at the current $359,500. Equity gained on principal adds $2,320/yr, and 5% annual appreciation supports $99,323 by year five. Five-year ROI prints 108.25% and total cumulative return in cash totals $129,008.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,481/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66012, Bonner Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,061 (100%) |
| Owner Occupied HU | 2,819 (69.4%) |
| Renter Occupied HU | 1,049 (25.8%) |
| Vacant Housing Units | 193 ( 4.8%) |
| Median Home Value | $298,706 |
| Average Home Value | $349,087 |
Housing Distribution
Address Breakdown
Residential
3,950
Single Family
3,795
Multi-Family
155
Businesses
364
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Nearby investment properties with comparable prices
Listed by: Linda Duncan • ReeceNichols -Johnson County W
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2593152