301 W 9th StOnagaKS66521
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 Onaga at 301 W 9th St, Onaga, KS, 66521 priced at $339,000 converts $2,388/mo rent into $133/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,388/mo, and annual cash flow totals $1,595/yr on $112,379 invested. Return on cash invested prints 21.33% in year one, and rental yield reads 8.45% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 111.06% and total cumulative return in cash sums $124,804. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,388/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66521, Onaga, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 432 (61.9%) |
| Renter Occupied HU | 165 (23.6%) |
| Vacant Housing Units | 101 (14.5%) |
| Median Home Value | $197,115 |
| Average Home Value | $269,948 |
Housing Distribution
Address Breakdown
Residential
565
Single Family
558
Multi-Family
7
Businesses
56
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Listed by: Randy Kufahl • Rockhill Real Estate Group
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20251308
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.