308 Herkimer StOskaloosaKS66066
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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 Oskaloosa at 308 Herkimer St, Oskaloosa, KS, 66066 offers $1,980/mo rent that, after a $1,008/mo payment, leaves $610/mo cash flow. Total monthly income is $1,980/mo, and annual cash flow is $7,317/yr on $68,289 cash. Return on cash invested measures 30.62% in year one, and rental yield stands at 11.53% at a $206,000 entry. Equity gained on principal adds $1,329/yr while 5% annual appreciation compounds into $56,914 by year five. Five-year ROI records 160.9% and total cumulative return in cash reaches $109,880. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $1,008/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66066, Oskaloosa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 819 (73.4%) |
| Renter Occupied HU | 199 (17.8%) |
| Vacant Housing Units | 98 ( 8.8%) |
| Median Home Value | $224,543 |
| Average Home Value | $268,132 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
982
Multi-Family
0
Businesses
100
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