433 E Lexington LnAndoverKS67002
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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 Andover at 433 E Lexington Ln, Andover, KS, 67002 offers a 8.14% rental yield on a $283,500 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $1,388/mo payment leaves $36/mo available for distribution. Annual cash flow reaches $426/yr on $93,980 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $1,829/yr while 5% annual appreciation supports $78,326 over five years. Portfolio math shows five-year ROI at 105.91% and total cumulative return in cash at $99,532. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $1,388/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67002, Andover, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,452 (100%) |
| Owner Occupied HU | 4,625 (71.7%) |
| Renter Occupied HU | 1,388 (21.5%) |
| Vacant Housing Units | 439 ( 6.8%) |
| Median Home Value | $280,299 |
| Average Home Value | $307,744 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
5,874
Multi-Family
408
Businesses
576
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