210 N Michigan StLeonardvilleKS66449
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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 Leonardville at 210 N Michigan St, Leonardville, KS, 66449 generates $0/mo in rent, after a $734/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.17% in year one, and rental yield is 0% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66449, Leonardville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 393 (100%) |
| Owner Occupied HU | 267 (67.9%) |
| Renter Occupied HU | 69 (17.6%) |
| Vacant Housing Units | 57 (14.5%) |
| Median Home Value | $318,317 |
| Average Home Value | $317,537 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
17
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No similar rental properties found nearby.
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Listed by: Cindy Jo Kulp • RESOURCE Real Estate Group
Mls Name: FHARMLS
Mls ID: #20252342