1604 N Olive StAbileneKS67410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Abilene at 1604 N Olive St, Abilene, KS, 67410 offers a 9.29% rental yield on a $145,000 purchase with $1,123/mo rent. Total monthly income registers $1,123/mo, and a $710/mo payment leaves $158/mo available for distribution. Annual cash flow reaches $1,896/yr on $48,068 to close, and return on cash invested stands at 23.85% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 124.72% and total cumulative return in cash at $59,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,123/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67410, Abilene, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,589 (100%) |
| Owner Occupied HU | 2,964 (64.6%) |
| Renter Occupied HU | 1,105 (24.1%) |
| Vacant Housing Units | 520 (11.3%) |
| Median Home Value | $174,213 |
| Average Home Value | $205,179 |
Housing Distribution
Address Breakdown
Residential
4,482
Single Family
4,256
Multi-Family
226
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices