1774 E Lakeland DrEl 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
Rental property for sale in El Dorado at 1774 E Lakeland Dr, El Dorado, KS, 67042 priced at $309,900 converts $2,032/mo rent into after a $1,517/mo obligation. Total monthly income equals $2,032/mo. Return on cash invested prints 19.22% in year one, and rental yield reads 7.87% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 99.87% and total cumulative return in cash sums $102,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,032/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1999
9,147 sqft lot
$N/A/sqft
$330 annually 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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Listed by: Tara Maxwell • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #654086
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