104 S Bailey RdPittsburgKS66762
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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 Pittsburg at 104 S Bailey Rd, Pittsburg, KS, 66762 priced at $160,000 converts $1,260/mo rent into $196/mo cash flow after a $783/mo obligation. Total monthly income equals $1,260/mo, and annual cash flow totals $2,348/yr on $53,040 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 9.45% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 127.22% and total cumulative return in cash sums $67,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,260/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66762, Pittsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,800 (100%) |
| Owner Occupied HU | 5,034 (42.7%) |
| Renter Occupied HU | 5,147 (43.6%) |
| Vacant Housing Units | 1,619 (13.7%) |
| Median Home Value | $175,694 |
| Average Home Value | $211,929 |
Housing Distribution
Address Breakdown
Residential
10,422
Single Family
10,032
Multi-Family
390
Businesses
976
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