1406 Penobscot StBurlingtonKS66839
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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
Rental property for sale in Burlington at 1406 Penobscot St, Burlington, KS, 66839 generates $1,535/mo in rent and, after a $622/mo payment, leaves $690/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $8,274/yr on $42,134 invested. Return on cash invested sits at 39.55% in year one, and rental yield is 14.49% on a $127,100 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation builds toward $35,115 over five years. Five-year ROI reaches 208.8% and total cumulative return in cash sums $87,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66839, Burlington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,932 (100%) |
| Owner Occupied HU | 1,210 (62.6%) |
| Renter Occupied HU | 473 (24.5%) |
| Vacant Housing Units | 249 (12.9%) |
| Median Home Value | $162,366 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,753
Multi-Family
49
Businesses
219
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