1003 Howard CtLouisburgKS66053
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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 Louisburg at 1003 Howard Ct, Louisburg, KS, 66053 uses $121,130 cash to close to unlock $4,302/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $2,789/mo, and a $1,788/mo payment keeps the spread at $359/mo. Purchase price stands at $365,400, and rental yield measures 9.16% with $2,789/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $100,953 over five years. Five-year ROI reaches 122.51% and total cumulative return in cash records $148,393. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,789/mo property income covering a $1,788/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66053, Louisburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,360 (100%) |
| Owner Occupied HU | 2,561 (76.2%) |
| Renter Occupied HU | 639 (19.0%) |
| Vacant Housing Units | 160 ( 4.8%) |
| Median Home Value | $319,735 |
| Average Home Value | $387,760 |
Housing Distribution
Address Breakdown
Residential
3,126
Single Family
3,126
Multi-Family
0
Businesses
259
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