1238 Dearborn StAugustaKS67010
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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 Augusta at 1238 Dearborn St, Augusta, KS, 67010 offers a 8.94% rental yield on a $124,900 purchase with $930/mo rent. Total monthly income registers $930/mo, and a $611/mo payment leaves $99/mo available for distribution. Annual cash flow reaches $1,193/yr on $41,404 to close, and return on cash invested stands at 22.79% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 118.97% and total cumulative return in cash at $49,258. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $930/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67010, Augusta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,056 (100%) |
| Owner Occupied HU | 4,015 (66.3%) |
| Renter Occupied HU | 1,463 (24.2%) |
| Vacant Housing Units | 578 ( 9.5%) |
| Median Home Value | $234,766 |
| Average Home Value | $276,012 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,328
Multi-Family
208
Businesses
380
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