1030 W Park AveEl DoradoKS67042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 El Dorado at 1030 W Park Ave, El Dorado, KS, 67042 offers $791/mo rent that, after a $489/mo payment, leaves $96/mo cash flow. Total monthly income is $791/mo, and annual cash flow is $1,149/yr on $33,150 cash. Return on cash invested measures 23.38% in year one, and rental yield stands at 9.49% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 122.47% and total cumulative return in cash reaches $40,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $791/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67042, El Dorado, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,340 (100%) |
| Owner Occupied HU | 4,298 (58.6%) |
| Renter Occupied HU | 2,211 (30.1%) |
| Vacant Housing Units | 831 (11.3%) |
| Median Home Value | $149,074 |
| Average Home Value | $191,079 |
Housing Distribution
Address Breakdown
Residential
6,761
Single Family
6,300
Multi-Family
461
Businesses
701
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Nearby investment properties with comparable prices
Listed by: Phillip Solorio • Sundgren Realty
Mls Name: SCKMLS
Mls ID: #645378
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.