8813 N Ridgewood LnPark CityKS67147
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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 Park City at 8813 N Ridgewood Ln, Park City, KS, 67147 earns $951/mo cash flow from $3,235/mo rent with a $1,610/mo payment. Total monthly income totals $3,235/mo, and annual cash flow totals $11,414/yr on $109,064 capital. ROI tracks 30.37% on current figures, and rental yield reads 11.8% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 159.98% and total cumulative return in cash sums $174,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,235/mo property income instead of your personal income.
Single Family
Built in 2016
9,147 sqft lot
$N/A/sqft
$420 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67147, Valley Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,058 (100%) |
| Owner Occupied HU | 3,070 (75.7%) |
| Renter Occupied HU | 784 (19.3%) |
| Vacant Housing Units | 204 ( 5.0%) |
| Median Home Value | $277,790 |
| Average Home Value | $318,106 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,027
Multi-Family
95
Businesses
272
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Listed by: Dustin Lynam • Heritage 1st Realty
Mls Name: SCKMLS
Mls ID: #649921
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.