1006 N Sycamore StIolaKS66749
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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 Iola at 1006 N Sycamore St, Iola, KS, 66749 listed at $174,000 pairs $1,639/mo rent with a $852/mo payment to leave $481/mo cash flow. Total monthly income runs $1,639/mo, and annual cash flow reaches $5,773/yr on $57,681 cash to close. Return on cash invested measures 29.92% in year one, and rental yield registers 11.3% at a $174,000 basis. Equity gained on principal adds $1,123/yr, and annual property appreciation at 5% supports $48,073 by year five. Five-year ROI tracks 157.2% and total cumulative return in cash totals $90,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,639/mo property income relative to a $852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66749, Iola, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,021 (55.5%) |
| Renter Occupied HU | 1,108 (30.4%) |
| Vacant Housing Units | 514 (14.1%) |
| Median Home Value | $99,959 |
| Average Home Value | $131,522 |
Housing Distribution
Address Breakdown
Residential
3,087
Single Family
2,984
Multi-Family
103
Businesses
404
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