105 Blue Heights DrMedicine LodgeKS67104
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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 Medicine Lodge at 105 Blue Heights Dr, Medicine Lodge, KS, 67104 priced at $120,000 converts $1,184/mo rent into $386/mo cash flow after a $587/mo obligation. Total monthly income equals $1,184/mo, and annual cash flow totals $4,632/yr on $39,780 invested. Return on cash invested prints 31.55% in year one, and rental yield reads 11.84% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 165.87% and total cumulative return in cash sums $65,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,184/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67104, Medicine Lodge, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,311 (100%) |
| Owner Occupied HU | 727 (55.5%) |
| Renter Occupied HU | 267 (20.4%) |
| Vacant Housing Units | 317 (24.2%) |
| Median Home Value | $93,750 |
| Average Home Value | $118,177 |
Housing Distribution
Address Breakdown
Residential
994
Single Family
952
Multi-Family
42
Businesses
174
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Nearby investment properties with comparable prices
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