150 Brown StNew StrawnKS66839
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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 New Strawn at 150 Brown St, New Strawn, KS, 66839 priced at $449,000 converts $2,161/mo rent into after a $2,198/mo obligation. Total monthly income equals $2,161/mo. Return on cash invested prints 13.25% in year one, and rental yield reads 5.78% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 67.73% and total cumulative return in cash sums $100,816. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,161/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 1986
7 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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Listed by: Kristi Noonan • Vaughn-Roth Land Brokers
Mls Name: My State MLS
Mls ID: #11616065