4624 Hearthside DrLawrenceKS66049
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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 Lawrence at 4624 Hearthside Dr, Lawrence, KS, 66049 generates $1,906/mo in rent and, after a $1,175/mo payment, leaves $309/mo in cash flow. Total monthly income is $1,906/mo, and annual cash flow is $3,708/yr on $79,560 invested. Return on cash invested sits at 24.57% in year one, and rental yield is 9.53% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 128.43% and total cumulative return in cash sums $102,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,906/mo property income rather than buyer’s personal income.
Townhouse
Built in 1993
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
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