9245 SW 89th StAuburnKS66402
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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 Auburn at 9245 SW 89th St, Auburn, KS, 66402 generates $2,770/mo in rent and, after a $1,713/mo payment, leaves $276/mo in cash flow. Total monthly income is $2,770/mo, and annual cash flow is $3,314/yr on $116,025 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 9.5% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 119.42% and total cumulative return in cash sums $138,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,770/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66402, Auburn, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,239 (100%) |
| Owner Occupied HU | 987 (79.7%) |
| Renter Occupied HU | 204 (16.5%) |
| Vacant Housing Units | 48 ( 3.9%) |
| Median Home Value | $351,000 |
| Average Home Value | $342,318 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,111
Multi-Family
30
Businesses
59
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Listed by: Jarod Tetuan • Genesis, LLC, Realtors
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #240055
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.