1612 Main StOsawatomieKS66064
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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 Osawatomie at 1612 Main St, Osawatomie, KS, 66064 uses $61,991 cash to close to unlock $3,158/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,507/mo, and a $915/mo payment keeps the spread at $263/mo. Purchase price stands at $187,000, and rental yield measures 9.67% with $1,507/mo rent. Return on cash invested shows 25% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 130.83% and total cumulative return in cash records $81,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1952
9,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66064, Osawatomie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,528 (100%) |
| Owner Occupied HU | 1,436 (56.8%) |
| Renter Occupied HU | 779 (30.8%) |
| Vacant Housing Units | 313 (12.4%) |
| Median Home Value | $155,667 |
| Average Home Value | $205,317 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,257
Multi-Family
53
Businesses
147
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Listed by: Sharon Hubbard • RE/MAX Connections
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2585446