401 Sharon CtLawrenceKS66049
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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 401 Sharon Ct, Lawrence, KS, 66049 with 5% annual appreciation on a $188,500 basis while $2,782/mo rent supports operations. Total monthly income totals $2,782/mo and a $923/mo payment preserves $1,528/mo for cash returns. Annual cash flow comes to $18,331/yr on $62,488 deployed, and return on cash invested reaches 49.24% in year one. Equity gained on principal adds $1,216/yr, and five-year appreciation sums $52,079 alongside rental yield of 17.71%. Five-year ROI measures 260.76% and total cumulative return in cash totals $162,945.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,782/mo property income versus a $923/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.25 Acres 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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