401 N School StEurekaKS67045
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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 Eureka at 401 N School St, Eureka, KS, 67045 uses $38,123 cash to close to unlock $4,785/yr annual cash flow and $399/mo monthly cash flow. Total monthly income runs $1,164/mo, and a $563/mo payment keeps the spread at $399/mo. Purchase price stands at $115,000, and rental yield measures 12.15% with $1,164/mo rent. Return on cash invested shows 32.46% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 170.82% and total cumulative return in cash records $65,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,164/mo property income covering a $563/mo payment rather than investor’s personal income.
Multi Family
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67045, Eureka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,874 (100%) |
| Owner Occupied HU | 1,032 (55.1%) |
| Renter Occupied HU | 389 (20.8%) |
| Vacant Housing Units | 453 (24.2%) |
| Median Home Value | $81,042 |
| Average Home Value | $129,910 |
Housing Distribution
Address Breakdown
Residential
1,488
Single Family
1,473
Multi-Family
15
Businesses
194
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