705 E Park PlAndoverKS67002
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 Andover at 705 E Park Pl, Andover, KS, 67002 at $447,208 posts ROI 12.58% with from $2,270/mo rent. Total monthly income equals $2,270/mo. Return on cash invested measures 12.58% and rental yield reads 6.09% at the current $447,208. Equity gained on principal adds $2,886/yr, and 5% annual appreciation supports $123,555 by year five. Five-year ROI prints 64.74% and total cumulative return in cash totals $95,981. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,270/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
5,227 sqft lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67002, Andover, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,452 (100%) |
| Owner Occupied HU | 4,625 (71.7%) |
| Renter Occupied HU | 1,388 (21.5%) |
| Vacant Housing Units | 439 ( 6.8%) |
| Median Home Value | $280,299 |
| Average Home Value | $307,744 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
5,874
Multi-Family
408
Businesses
576
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Nearby investment properties with comparable prices
Listed by: John Orr • PB Realty
Mls Name: SCKMLS
Mls ID: #624703
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.