1216 E Oklahoma AveUlyssesKS67880
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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 Ulysses at 1216 E Oklahoma Ave, Ulysses, KS, 67880 listed at $260,000 pairs $2,162/mo rent with a $1,273/mo payment to leave $432/mo cash flow. Total monthly income runs $2,162/mo, and annual cash flow reaches $5,182/yr on $86,190 cash to close. Return on cash invested measures 25.92% in year one, and rental yield registers 9.98% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 135.7% and total cumulative return in cash totals $116,957. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,162/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67880, Ulysses, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 1,935 (65.7%) |
| Renter Occupied HU | 715 (24.3%) |
| Vacant Housing Units | 295 (10.0%) |
| Median Home Value | $178,365 |
| Average Home Value | $204,094 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,643
Multi-Family
9
Businesses
329
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