3958 Louisiana RdOttawaKS66067
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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
Investment property for sale in Ottawa at 3958 Louisiana Rd, Ottawa, KS, 66067 offers a 2.48% rental yield on a $450,000 purchase with $930/mo rent. 3% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 14.4% and total cumulative return in cash at $21,486. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $930/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5.10 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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