821 Monroe StBaldwin CityKS66006
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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 Baldwin City at 821 Monroe St, Baldwin City, KS, 66006 with 5% annual appreciation on a $314,500 basis while $2,340/mo rent supports operations. Total monthly income totals $2,340/mo and a $1,539/mo payment preserves $248/mo for cash returns. Annual cash flow comes to $2,976/yr on $104,257 deployed, and return on cash invested reaches 22.76% in year one. Equity gained on principal adds $2,029/yr, and five-year appreciation sums $86,891 alongside rental yield of 8.93%. Five-year ROI measures 118.74% and total cumulative return in cash totals $123,796.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,539/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66006, Baldwin City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,163 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 650 (20.6%) |
| Vacant Housing Units | 162 ( 5.1%) |
| Median Home Value | $358,486 |
| Average Home Value | $416,809 |
Housing Distribution
Address Breakdown
Residential
2,701
Single Family
2,671
Multi-Family
30
Businesses
199
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Listed by: BAILEY STUART • MCGREW REAL ESTATE
Mls Name: LBORMLS
Mls ID: #164568