938 N 640th RdBaldwin 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 938 N 640th Rd, Baldwin City, KS, 66006 listed at $750,000 pairs $1,434/mo rent with a $3,671/mo payment. Total monthly income runs $1,434/mo. Return on cash invested measures 2.77% in year one, and rental yield registers 2.29% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 11.51% and total cumulative return in cash totals $28,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,434/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
80.60 Acres 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: #164572