2 Eureka Lake RdEurekaKS67045
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
Rental property for sale in Eureka at 2 Eureka Lake Rd, Eureka, KS, 67045 offers $1,204/mo rent that, after a $1,028/mo payment. Total monthly income is $1,204/mo. Return on cash invested measures 16.58% in year one, and rental yield stands at 6.88% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 85.61% and total cumulative return in cash reaches $59,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,204/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67045, Eureka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,874 (100%) |
| Owner Occupied HU | 1,032 (55.1%) |
| Renter Occupied HU | 389 (20.8%) |
| Vacant Housing Units | 453 (24.2%) |
| Median Home Value | $81,042 |
| Average Home Value | $129,910 |
Housing Distribution
Address Breakdown
Residential
1,488
Single Family
1,473
Multi-Family
15
Businesses
194
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