3502 Sweet Grass CtLawrenceKS66049
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 Lawrence at 3502 Sweet Grass Ct, Lawrence, KS, 66049 with 5% annual appreciation on a $242,000 basis while $1,800/mo rent supports operations. Total monthly income totals $1,800/mo and a $1,184/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,286/yr on $80,223 deployed, and return on cash invested reaches 22.76% in year one. Equity gained on principal adds $1,562/yr, and five-year appreciation sums $66,860 alongside rental yield of 8.93%. Five-year ROI measures 118.76% and total cumulative return in cash totals $95,274.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $1,184/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darin Stephens • STONE & STORY REAL ESTATE GROUP, LLC
Mls Name: LBORMLS
Mls Provider:
Mls ID: #163359
Disclaimer: The data displayed on this page is confidential, proprietary, and copyrighted data of Lawrence Multiple Listing Service, Inc., of the Lawrence, Kansas, Board of REALTORS, Copyright 2025. Lawrence Multiple Listing Service, Inc., and Zillow, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the data displayed herein. In consideration for the receipt of the data on this page, the recipient agrees to use the data solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.