213 N Owen StMeridenKS66512
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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 Meriden at 213 N Owen St, Meriden, KS, 66512 priced at $165,000 converts $0/mo rent into after a $808/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.18% in year one, and rental yield reads 0% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66512, Meriden, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,349 (100%) |
| Owner Occupied HU | 1,088 (80.7%) |
| Renter Occupied HU | 163 (12.1%) |
| Vacant Housing Units | 98 ( 7.3%) |
| Median Home Value | $235,000 |
| Average Home Value | $285,319 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,260
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Linda Dischner-Hawley • 1st CLASS REAL ESTATE- WE SELL
Mls Name: LBORMLS
Mls Provider:
Mls ID: #163224
Disclaimer: The data displayed on this page is confidential, proprietary, and copyrighted data of Lawrence Multiple Listing Service, Inc., of the Lawrence, Kansas, Board of REALTORS, Copyright 2025. Lawrence Multiple Listing Service, Inc., and Zillow, Inc. do not make any warranty or representation concerning the timeliness or accuracy of the data displayed herein. In consideration for the receipt of the data on this page, the recipient agrees to use the data solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.