106 Sunset DrElkhartKS67950
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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 Elkhart at 106 Sunset Dr, Elkhart, KS, 67950 priced at $214,000 converts $1,271/mo rent into after a $1,047/mo obligation. Total monthly income equals $1,271/mo. Return on cash invested prints 17.33% in year one, and rental yield reads 7.13% against a $214,000 entry. Equity gained on principal adds $1,381/yr, while 5% annual appreciation compiles into $59,124 by year five. Five-year ROI reaches 89.65% and total cumulative return in cash sums $63,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,271/mo property income covering a $1,047/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,845 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67950, Elkhart, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 550 (56.6%) |
| Renter Occupied HU | 229 (23.6%) |
| Vacant Housing Units | 192 (19.8%) |
| Median Home Value | $101,750 |
| Average Home Value | $112,977 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
102
Multi-Family
20
Businesses
107
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