360 E 2300th RdEdgertonKS66021
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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
Rental property for sale in Edgerton at 360 E 2300th Rd, Edgerton, KS, 66021 generates $1,794/mo in rent, after a $2,374/mo payment. Total monthly income is $1,794/mo. Return on cash invested sits at 9.21% in year one, and rental yield is 4.44% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 46.13% and total cumulative return in cash sums $74,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,794/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
8.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66021, Edgerton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 806 (79.0%) |
| Renter Occupied HU | 166 (16.3%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $287,755 |
| Average Home Value | $447,946 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
893
Multi-Family
0
Businesses
75
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