1620 N Arizona AveEl DoradoKS67042
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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 El Dorado at 1620 N Arizona Ave, El Dorado, KS, 67042 uses $66,267 cash to close to unlock $4,506/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $1,705/mo, and a $978/mo payment keeps the spread at $376/mo. Purchase price stands at $199,900, and rental yield measures 10.24% with $1,705/mo rent. Return on cash invested shows 26.71% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 139.94% and total cumulative return in cash records $92,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,705/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67042, El Dorado, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,340 (100%) |
| Owner Occupied HU | 4,298 (58.6%) |
| Renter Occupied HU | 2,211 (30.1%) |
| Vacant Housing Units | 831 (11.3%) |
| Median Home Value | $149,074 |
| Average Home Value | $191,079 |
Housing Distribution
Address Breakdown
Residential
6,761
Single Family
6,300
Multi-Family
461
Businesses
701
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