708 Autumn Ridge CtAndoverKS67002
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
Rental property for sale in Andover at 708 Autumn Ridge Ct, Andover, KS, 67002 priced at $185,000 converts $1,794/mo rent into $504/mo cash flow after a $905/mo obligation. Total monthly income equals $1,794/mo, and annual cash flow totals $6,044/yr on $61,328 invested. Return on cash invested prints 29.76% in year one, and rental yield reads 11.64% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 156.76% and total cumulative return in cash sums $96,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,794/mo property income covering a $905/mo payment, not borrower’s personal income.
Multi Family
Built in 2005
5,227 sqft lot
$N/A/sqft
$720 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: Aja Drake • Coldwell Banker Plaza Real Estate
Mls Name: SCKMLS
Mls ID: #652069
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. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.