240 N State StEl 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 240 N State St, El Dorado, KS, 67042 priced at $140,000 pairs $1,064/mo rent with $133/mo cash flow after a $685/mo payment. Total monthly income equals $1,064/mo, and annual cash flow comes to $1,594/yr on $46,410 invested. Return on cash invested is 23.34% in year one, and rental yield stands at 9.12% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 121.88% and total cumulative return in cash reaches $56,566. For financing, Ziffy Mortgage’s DSCR program evaluates $1,064/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
9,147 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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