1019 N Cherry StOttawaKS66067
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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
Rental property for sale in Ottawa at 1019 N Cherry St, Ottawa, KS, 66067 generates $1,038/mo in rent and, after a $674/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,038/mo, and annual cash flow is $1,461/yr on $45,664 invested. Return on cash invested sits at 23.11% in year one, and rental yield is 9.04% on a $137,750 entry. Equity gained on principal adds $889/yr, while 5% annual appreciation builds toward $38,058 over five years. Five-year ROI reaches 120.62% and total cumulative return in cash sums $55,080. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66067, Ottawa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 4,120 (57.8%) |
| Renter Occupied HU | 2,377 (33.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $215,448 |
| Average Home Value | $240,480 |
Housing Distribution
Address Breakdown
Residential
6,843
Single Family
6,634
Multi-Family
209
Businesses
622
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