1014 State StEmporiaKS66801
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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 Emporia at 1014 State St, Emporia, KS, 66801 uses $36,100 cash to close to unlock $4,266/yr annual cash flow and $356/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $533/mo payment keeps the spread at $356/mo. Purchase price stands at $108,900, and rental yield measures 11.9% with $1,080/mo rent. Return on cash invested shows 31.73% in year one, and 5% annual appreciation builds toward $30,087 over five years. Five-year ROI reaches 166.87% and total cumulative return in cash records $60,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $533/mo payment rather than investor’s personal income.
Single Family
Built in 1910
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66801, Emporia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,957 (100%) |
| Owner Occupied HU | 6,495 (50.1%) |
| Renter Occupied HU | 4,805 (37.1%) |
| Vacant Housing Units | 1,657 (12.8%) |
| Median Home Value | $165,599 |
| Average Home Value | $212,110 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
11,190
Multi-Family
951
Businesses
1,079
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