1107 N Olive StAbileneKS67410
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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
Investment property for sale in Abilene at 1107 N Olive St, Abilene, KS, 67410 offers a 8.77% rental yield on a $254,900 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,248/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,990/yr on $84,499 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 116.08% and total cumulative return in cash at $98,088. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67410, Abilene, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,589 (100%) |
| Owner Occupied HU | 2,964 (64.6%) |
| Renter Occupied HU | 1,105 (24.1%) |
| Vacant Housing Units | 520 (11.3%) |
| Median Home Value | $174,213 |
| Average Home Value | $205,179 |
Housing Distribution
Address Breakdown
Residential
4,482
Single Family
4,256
Multi-Family
226
Businesses
449
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Listed by: Missy Blacketer • NextHome Unlimited
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251574
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.