Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

...MORE

This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

38222 State Line Rd La Cygne, KS 66040

4 Beds 2 Baths 1,944 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$265,561

$246K - $285K

Price Est.

$1,321

$1.2K - $1.5K

Rent Est.

$277,591  ( +4.53%)   1 YR EST. FORECAST

38222 State Line Rd PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $136.61
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,944 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
38222 State Line Rd, La Cygne, KS 66040 is a single family home of 1,944 sqft. HomeUnion estimate for 38222 State Line Rd includes a Price Estimate of $265,561 and a Rent Estimate of $1,321. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 5.97% and Total Return of 15.86%. The estimated 1 year forecast in home value for 38222 State Line Rd is 4.53%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 12.70% GROSS YIELD
    • $11,492 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $189,023
    • $61,591
    • $2,000
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 8610 CRYSTAL COVE CIRCLE Houston, TX
    • 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units
    AVAILABLE
    • 12.03% GROSS YIELD
    • $6,018 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $134,700
    • $41,446
    • $1,350

38222 State Line Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BROADMOOR ELEMENTARY SCHOOL Primary Regular 379 20 7
LOUISBURG MIDDLE SCHOOL Middle Regular 406 25 8
LOUISBURG HIGH SCHOOL High Regular 495 34 9

BROADMOOR ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 379
  • # of teachers: 20
7
GreatSchools Rating

LOUISBURG MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 406
  • # of teachers: 25
8
GreatSchools Rating

LOUISBURG HIGH SCHOOL

  • Education Level: High
  • # of students: 495
  • # of teachers: 34
9
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

LA CYGNE

  • 3,446

    POPULATION
  • 1,558

    HOUSEHOLDS
  • 46.1%

    WHITE COLLAR

Neighborhood : LA CYGNE

HOUSEHOLDS
1,558
POPULATION

3,446

28.0%Renters
72.0%Home Owners
LABOR FORCE

 

46.1%White Collar
53.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,321 per month.

MY RENT : $1,321 MEDIAN RENT : $724

Rent % Distribution LEVEL
$400-699 41.1%
$700-899 33.3%
$900-999 6.1%
$1,000-1,499 16.6%
>=$1,500 2.9%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,321 would therefore be considered affordable for annual household incomes greater than $52,840 (12 months x 3.333 x $1,321).

Rent % Affordability
Above $500 78.5%
Above $700 72.1%
Above $1,100 56.9%
Above $1,500 38.1%
Above $1,900 29.6%
HOUSEHOLD INCOME RANGE

Approximately 647 of households in this neighborhood have a total annual income of $52,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,321 per month.

MINIMUM INCOME RANGE : $52,840

Income % Distribution
<$20K 21.5%
$20K-$35K 12.1%
$35K-$60K 28.3%
$60K-$100K 23.7%
>=$100K 14.4%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 14.5%
10-14 mins 4.2%
15-19 mins 7.1%
20-29 mins 16.6%
30-44 mins 20.3%
45-59 mins 16.3%
>60 mins 16.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,321 per month.

MY RENT : $1,321 MEDIAN RENT : $724

Rent % Distribution
$400-699 41.1%
$700-899 33.3%
$900-999 6.1%
$1,000-1,499 16.6%
>=$1,500 2.9%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,321 would therefore be considered affordable for annual household incomes greater than $52,840 (12 months x 3.333 x $1,321).

Rent % Affordability
Above $500 78.5%
Above $700 72.1%
Above $1,100 56.9%
Above $1,500 38.1%
Above $1,900 29.6%
HOUSEHOLD INCOME RANGE

Approximately 647 of households in this neighborhood have a total annual income of $52,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,321 per month.

MINIMUM INCOME RANGE : $52,840

Income % Distribution
<$20K 21.5%
$20K-$35K 12.1%
$35K-$60K 28.3%
$60K-$100K 23.7%
>=$100K 14.4%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 14.5%
10-14 mins 4.2%
15-19 mins 7.1%
20-29 mins 16.6%
30-44 mins 20.3%
45-59 mins 16.3%
>60 mins 16.7%

LA CYGNE Demographics

INDUSTRY

Industry % Distribution
Construction 17.5%
Educational Services 7.4%
Health Care & Social Assistance 10.1%
Manufacturing 10.5%
Retail & Wholesale Trader 20.6%
Transportation 8.2%
Other 25.7%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 34% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 19.3%
15-19 7.2%
20-24 7.3%
25-44 19.5%
45-65 29.0%
66+ 17.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.2%
Healthcare 6.3%
Management, Business, & Financial 9.7%
Natural Resources Maintenance 24.0%
Production & Transportation 18.9%
Sales & Office 22.4%
Other 13.5%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.6%
High School 39.9%
Masters Degree 3.8%
Some College 25.6%
Some High School 10.6%
Other 10.5%

38222 State Line Rd Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in KS , MIAMI County , or the 66040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on State Line Rd

  1. 38120 State Line Rd
  2. 38222 State Line Rd
  3. 38268 State Line Rd

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

  1. 38120 State Line Rd

Nearest zipcodes within 2 miles

  1. 66053