905 East AveBaxter SpringsKS66713
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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
Rental property for sale in Baxter Springs at 905 East Ave, Baxter Springs, KS, 66713 offers $1,344/mo rent that, after a $832/mo payment, leaves $213/mo cash flow. Total monthly income is $1,344/mo, and annual cash flow is $2,559/yr on $56,322 cash. Return on cash invested measures 24.45% in year one, and rental yield stands at 9.49% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 127.88% and total cumulative return in cash reaches $72,026. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,344/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66713, Baxter Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,457 (58.4%) |
| Renter Occupied HU | 646 (25.9%) |
| Vacant Housing Units | 393 (15.7%) |
| Median Home Value | $113,932 |
| Average Home Value | $139,537 |
Housing Distribution
Address Breakdown
Residential
2,255
Single Family
2,248
Multi-Family
7
Businesses
184
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Listed by: Joshua Ames • KINGREY REAL ESTATE
Mls Name: Ozark Gateway AOR
Mls Provider:
Mls ID: #251273
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. Information is deemed reliable but not guaranteed.