603 N 1500th RdLawrenceKS66049
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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
Total monthly income runs $1,601/mo, and a $1,221/mo payment. Purchase price stands at $249,500, and rental yield measures 7.7% with $1,601/mo rent. Return on cash invested shows 19.06% in year one, and 5% annual appreciation builds toward $68,932 over five years. Five-year ROI reaches 98.92% and total cumulative return in cash records $81,813. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,601/mo property income covering a $1,221/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
5 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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