312 E 8th AveEmporiaKS66801
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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 Emporia at 312 E 8th Ave, Emporia, KS, 66801 generates $1,080/mo in rent and, after a $614/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,080/mo, and annual cash flow is $2,944/yr on $41,603 invested. Return on cash invested sits at 26.99% in year one, and rental yield is 10.33% on a $125,500 entry. Equity gained on principal adds $810/yr, while 5% annual appreciation builds toward $34,673 over five years. Five-year ROI reaches 141.46% and total cumulative return in cash sums $58,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Multi Family
Built in 1923
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66801, Emporia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,957 (100%) |
| Owner Occupied HU | 6,495 (50.1%) |
| Renter Occupied HU | 4,805 (37.1%) |
| Vacant Housing Units | 1,657 (12.8%) |
| Median Home Value | $165,599 |
| Average Home Value | $212,110 |
Housing Distribution
Address Breakdown
Residential
12,141
Single Family
11,190
Multi-Family
951
Businesses
1,079
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