624 Bittersweet RdLansingKS66043
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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 Lansing at 624 Bittersweet Rd, Lansing, KS, 66043 offers a 7.98% rental yield on a $362,000 purchase with $2,406/mo rent. 88% in year one. Equity gained on principal adds $2,336/yr while 5% annual appreciation supports $100,014 over five years. Portfolio math shows five-year ROI at 103.33% and total cumulative return in cash at $123,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,406/mo property income against a $1,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66043, Lansing, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,521 (100%) |
| Owner Occupied HU | 2,394 (68.0%) |
| Renter Occupied HU | 952 (27.0%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $313,636 |
| Average Home Value | $326,470 |
Housing Distribution
Address Breakdown
Residential
3,385
Single Family
3,266
Multi-Family
119
Businesses
246
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