210 S 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
Investment property for sale in Leonardville at 210 S Michigan St, Leonardville, KS, 66449 at $184,500 posts ROI 32.22% with $628/mo cash flow from $1,855/mo rent. Total monthly income equals $1,855/mo, and annual cash flow records $7,531/yr on $61,162 to close. Return on cash invested measures 32.22% and rental yield reads 12.07% at the current $184,500. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $50,974 by year five. Five-year ROI prints 169.52% and total cumulative return in cash totals $103,682.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,855/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.49 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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Nearby investment properties with comparable prices
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