207 N Ingalls 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
Rental property for sale in Oberlin at 207 N Ingalls Ave, Oberlin, KS, 67749 offers $1,912/mo rent that, after a $1,531/mo payment. Total monthly income is $1,912/mo. Return on cash invested measures 17.95% in year one, and rental yield stands at 7.34% at a $312,700 entry. Equity gained on principal adds $2,018/yr while 5% annual appreciation compounds into $86,393 by year five. Five-year ROI records 93.01% and total cumulative return in cash reaches $96,411. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,912/mo property income versus a $1,531/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.56 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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