309 S Maple StOttawaKS66067
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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 Ottawa at 309 S Maple St, Ottawa, KS, 66067 offers $930/mo rent that, after a $1,493/mo payment. Total monthly income is $930/mo. Return on cash invested measures 6.86% in year one, and rental yield stands at 3.66% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 33.49% and total cumulative return in cash reaches $33,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $930/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66067, Ottawa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 4,120 (57.8%) |
| Renter Occupied HU | 2,377 (33.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $215,448 |
| Average Home Value | $240,480 |
Housing Distribution
Address Breakdown
Residential
6,843
Single Family
6,634
Multi-Family
209
Businesses
622
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