Salerno Plan, The Courtyards at The HeritageAndoverKS67002
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 Salerno Plan, The Courtyards at The Heritage, Andover, KS, 67002 offers $2,400/mo rent that, after a $1,578/mo payment, leaves $30/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $359/yr on $106,909 cash. Return on cash invested measures 20.25% in year one, and rental yield stands at 8.93% at a $322,500 entry. Equity gained on principal adds $2,081/yr while 5% annual appreciation compounds into $89,101 by year five. Five-year ROI records 106.16% and total cumulative return in cash reaches $113,492. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,578/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$225 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices