6220 N 247th St WAndaleKS67001
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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 Andale at 6220 N 247th St W, Andale, KS, 67001 listed at $225,000 pairs $1,260/mo rent with a $1,101/mo payment. Total monthly income runs $1,260/mo. Return on cash invested measures 16.1% in year one, and rental yield registers 6.72% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 83.08% and total cumulative return in cash totals $61,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,260/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1937
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67001, Andale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 574 (87.4%) |
| Renter Occupied HU | 53 ( 8.1%) |
| Vacant Housing Units | 30 ( 4.6%) |
| Median Home Value | $391,608 |
| Average Home Value | $414,578 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
45
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