1124 N Burrows StBelle PlaineKS67013
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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 Belle Plaine at 1124 N Burrows St, Belle Plaine, KS, 67013 uses $69,615 cash to close to unlock $513/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $1,028/mo payment keeps the spread at $43/mo. Purchase price stands at $210,000, and rental yield measures 8.23% with $1,440/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 107.41% and total cumulative return in cash records $74,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67013, Belle Plaine, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 917 (71.1%) |
| Renter Occupied HU | 219 (17.0%) |
| Vacant Housing Units | 154 (11.9%) |
| Median Home Value | $158,836 |
| Average Home Value | $191,987 |
Housing Distribution
Address Breakdown
Residential
957
Single Family
956
Multi-Family
1
Businesses
55
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Listed by: Kari Higgins • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #656204
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