Hibiscus Plan, Heritage CommonsAndoverKS67002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Andover at Hibiscus Plan, Heritage Commons, Andover, KS, 67002 priced at $318,900 converts $2,400/mo rent into $128/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $1,539/yr on $105,715 invested. Return on cash invested prints 21.37% in year one, and rental yield reads 9.03% against a $318,900 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,106 by year five. Five-year ROI reaches 111.91% and total cumulative return in cash sums $118,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67002, Andover, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,452 (100%) |
| Owner Occupied HU | 4,625 (71.7%) |
| Renter Occupied HU | 1,388 (21.5%) |
| Vacant Housing Units | 439 ( 6.8%) |
| Median Home Value | $280,299 |
| Average Home Value | $307,744 |
Housing Distribution
Address Breakdown
Residential
6,282
Single Family
5,874
Multi-Family
408
Businesses
576
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