219 W Olive AveEl DoradoKS67042
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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 El Dorado at 219 W Olive Ave, El Dorado, KS, 67042 offers $1,091/mo rent that, after a $612/mo payment, leaves $259/mo cash flow. Total monthly income is $1,091/mo, and annual cash flow is $3,110/yr on $41,438 cash. Return on cash invested measures 27.42% in year one, and rental yield stands at 10.47% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 143.82% and total cumulative return in cash reaches $59,597. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,091/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1896
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67042, El Dorado, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,340 (100%) |
| Owner Occupied HU | 4,298 (58.6%) |
| Renter Occupied HU | 2,211 (30.1%) |
| Vacant Housing Units | 831 (11.3%) |
| Median Home Value | $149,074 |
| Average Home Value | $191,079 |
Housing Distribution
Address Breakdown
Residential
6,761
Single Family
6,300
Multi-Family
461
Businesses
701
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