518 SW Lakeside DrLa CygneKS66040
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 La Cygne at 518 SW Lakeside Dr, La Cygne, KS, 66040 uses $62,654 cash to close to unlock $2,632/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $925/mo payment keeps the spread at $219/mo. Purchase price stands at $189,000, and rental yield measures 9.9% with $1,560/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 126.62% and total cumulative return in cash records $79,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.38 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66040, La Cygne, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,033 (100%) |
| Owner Occupied HU | 1,199 (59.0%) |
| Renter Occupied HU | 312 (15.3%) |
| Vacant Housing Units | 522 (25.7%) |
| Median Home Value | $176,862 |
| Average Home Value | $229,917 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,448
Multi-Family
126
Businesses
95
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Listed by: Heather Brecht • Realty One Group Encompass
Mls Name: HKMMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2539796
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-09 12:02:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. [Click here for more information](/mls-disclaimers/#45) Listing Information presented by local MLS brokerage: Zillow, Inc., local REALTOR- Terry York - (913) 213-6604