230 Elmore StLecomptonKS66050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lecompton at 230 Elmore St, Lecompton, KS, 66050 priced at $164,500 pairs $1,256/mo rent with $162/mo cash flow after a $805/mo payment. Total monthly income equals $1,256/mo, and annual cash flow comes to $1,941/yr on $54,532 invested. Return on cash invested is 23.47% in year one, and rental yield stands at 9.16% on a $164,500 basis. Equity gained on principal adds $1,061/yr, and 5% annual appreciation accumulates to $45,448 by year five. Five-year ROI measures 122.55% and total cumulative return in cash reaches $66,826. For financing, Ziffy Mortgage’s DSCR program evaluates $1,256/mo property income against a $805/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66050, Lecompton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 800 (100%) |
| Owner Occupied HU | 643 (80.4%) |
| Renter Occupied HU | 126 (15.7%) |
| Vacant Housing Units | 31 ( 3.9%) |
| Median Home Value | $336,391 |
| Average Home Value | $386,676 |
Housing Distribution
Address Breakdown
Residential
654
Single Family
654
Multi-Family
0
Businesses
40
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