773 Covey RunBurlingtonKS66839
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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 Burlington at 773 Covey Run, Burlington, KS, 66839 listed at $689,000 pairs $3,222/mo rent with a $3,372/mo payment. Total monthly income runs $3,222/mo. Return on cash invested measures 12.85% in year one, and rental yield registers 5.61% at a $689,000 basis. Equity gained on principal adds $4,446/yr, and annual property appreciation at 5% supports $190,358 by year five. Five-year ROI tracks 65.58% and total cumulative return in cash totals $148,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,222/mo property income relative to a $3,372/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66839, Burlington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,932 (100%) |
| Owner Occupied HU | 1,210 (62.6%) |
| Renter Occupied HU | 473 (24.5%) |
| Vacant Housing Units | 249 (12.9%) |
| Median Home Value | $162,366 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,753
Multi-Family
49
Businesses
219
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Listed by: Cameron Roth • Vaughn-Roth Land Brokers
Mls Name: My State MLS
Mls ID: #11466799