522 W 2nd StBaxter SpringsKS66713
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 Baxter Springs at 522 W 2nd St, Baxter Springs, KS, 66713 offers a 9.5% rental yield on a $150,000 purchase with $1,188/mo rent. Total monthly income registers $1,188/mo, and a $734/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,283/yr on $49,725 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 128.16% and total cumulative return in cash at $63,726. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,188/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66713, Baxter Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,457 (58.4%) |
| Renter Occupied HU | 646 (25.9%) |
| Vacant Housing Units | 393 (15.7%) |
| Median Home Value | $113,932 |
| Average Home Value | $139,537 |
Housing Distribution
Address Breakdown
Residential
2,255
Single Family
2,248
Multi-Family
7
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Ames • KINGREY REAL ESTATE
Mls Name: Ozark Gateway AOR
Mls ID: #254640