324 W Fremont AveBurlingameKS66413
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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 Burlingame at 324 W Fremont Ave, Burlingame, KS, 66413 priced at $118,500 converts $946/mo rent into $158/mo cash flow after a $580/mo obligation. Total monthly income equals $946/mo, and annual cash flow totals $1,892/yr on $39,283 invested. Return on cash invested prints 24.72% in year one, and rental yield reads 9.58% against a $118,500 entry. Equity gained on principal adds $765/yr, while 5% annual appreciation compiles into $32,739 by year five. Five-year ROI reaches 129.32% and total cumulative return in cash sums $50,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $946/mo property income covering a $580/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66413, Burlingame, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 581 (68.5%) |
| Renter Occupied HU | 183 (21.6%) |
| Vacant Housing Units | 84 ( 9.9%) |
| Median Home Value | $130,523 |
| Average Home Value | $176,308 |
Housing Distribution
Address Breakdown
Residential
808
Single Family
805
Multi-Family
3
Businesses
51
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Listed by: N/A • N/A
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