202 W Lincoln StFrontenacKS66763
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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 Frontenac at 202 W Lincoln St, Frontenac, KS, 66763 priced at $179,500 converts $1,756/mo rent into $561/mo cash flow after a $879/mo obligation. Total monthly income equals $1,756/mo, and annual cash flow totals $6,737/yr on $59,504 invested. Return on cash invested prints 31.23% in year one, and rental yield reads 11.74% against a $179,500 entry. Equity gained on principal adds $1,158/yr, while 5% annual appreciation compiles into $49,593 by year five. Five-year ROI reaches 164.2% and total cumulative return in cash sums $97,708. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,756/mo property income covering a $879/mo payment, not borrower’s personal income.
Single Family
Built in 1953
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66763, Frontenac, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 941 (64.4%) |
| Renter Occupied HU | 389 (26.6%) |
| Vacant Housing Units | 131 ( 9.0%) |
| Median Home Value | $181,178 |
| Average Home Value | $195,707 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,375
Multi-Family
23
Businesses
110
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