206 N Martin AveOberlinKS67749
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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 Oberlin at 206 N Martin Ave, Oberlin, KS, 67749 uses $62,952 cash to close to unlock $4,513/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $1,639/mo, and a $929/mo payment keeps the spread at $376/mo. Purchase price stands at $189,900, and rental yield measures 10.36% with $1,639/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 141.96% and total cumulative return in cash records $89,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,639/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1932
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67749, Oberlin, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 739 (59.2%) |
| Renter Occupied HU | 243 (19.5%) |
| Vacant Housing Units | 267 (21.4%) |
| Median Home Value | $79,847 |
| Average Home Value | $109,381 |
Housing Distribution
Address Breakdown
Residential
1,023
Single Family
1,023
Multi-Family
0
Businesses
201
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