304 W Wea StPaolaKS66071
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 Paola at 304 W Wea St, Paola, KS, 66071 priced at $259,950 pairs $1,793/mo rent with $64/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,793/mo, and annual cash flow comes to $767/yr on $86,173 invested. Return on cash invested is 20.8% in year one, and rental yield stands at 8.28% on a $259,950 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,819 by year five. Five-year ROI measures 108.23% and total cumulative return in cash reaches $93,266. For financing, Ziffy Mortgage’s DSCR program evaluates $1,793/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
6,985 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66071, Paola, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,616 (100%) |
| Owner Occupied HU | 4,022 (71.6%) |
| Renter Occupied HU | 1,250 (22.3%) |
| Vacant Housing Units | 344 ( 6.1%) |
| Median Home Value | $312,950 |
| Average Home Value | $351,150 |
Housing Distribution
Address Breakdown
Residential
5,283
Single Family
5,264
Multi-Family
19
Businesses
472
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