1313 S 3rd St ELouisburgKS66053
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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 Louisburg at 1313 S 3rd St E, Louisburg, KS, 66053 earns $98/mo cash flow from $1,794/mo rent with a $1,248/mo payment. Total monthly income totals $1,794/mo, and annual cash flow totals $1,171/yr on $84,533 capital. ROI tracks 21.29% on current figures, and rental yield reads 8.44% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 110.91% and total cumulative return in cash sums $93,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,794/mo property income instead of your personal income.
Single Family
Built in 2017
2,124 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66053, Louisburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,360 (100%) |
| Owner Occupied HU | 2,561 (76.2%) |
| Renter Occupied HU | 639 (19.0%) |
| Vacant Housing Units | 160 ( 4.8%) |
| Median Home Value | $319,735 |
| Average Home Value | $387,760 |
Housing Distribution
Address Breakdown
Residential
3,126
Single Family
3,126
Multi-Family
0
Businesses
259
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