310 E Kaskaskia StPaolaKS66071
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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 Paola at 310 E Kaskaskia St, Paola, KS, 66071 offers $1,418/mo rent that, after a $1,219/mo payment. Total monthly income is $1,418/mo. Return on cash invested measures 16.44% in year one, and rental yield stands at 6.83% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 84.88% and total cumulative return in cash reaches $70,064. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,418/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
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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