301 W Lasley StSaint MarysKS66536
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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 Saint Marys at 301 W Lasley St, Saint Marys, KS, 66536 priced at $245,000 converts $870/mo rent into after a $1,199/mo obligation. Total monthly income equals $870/mo. Return on cash invested prints 8.68% in year one, and rental yield reads 4.26% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 43.29% and total cumulative return in cash sums $35,160. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $870/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66536, Saint Marys, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,339 (100%) |
| Owner Occupied HU | 911 (68.0%) |
| Renter Occupied HU | 323 (24.1%) |
| Vacant Housing Units | 105 ( 7.8%) |
| Median Home Value | $217,222 |
| Average Home Value | $244,300 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,230
Multi-Family
0
Businesses
130
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Listed by: James Clancy • Pearl Real Estate & Appraisal
Mls Name: Sunflower AOR
Mls ID: #240727