406 E Oak StOberlinKS67749
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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 Oberlin at 406 E Oak St, Oberlin, KS, 67749 at $147,530 posts ROI 32.22% with $502/mo cash flow from $1,483/mo rent. Total monthly income equals $1,483/mo, and annual cash flow records $6,019/yr on $48,906 to close. Return on cash invested measures 32.22% and rental yield reads 12.06% at the current $147,530. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,760 by year five. Five-year ROI prints 169.5% and total cumulative return in cash totals $82,894.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,483/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67749, Oberlin, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 739 (59.2%) |
| Renter Occupied HU | 243 (19.5%) |
| Vacant Housing Units | 267 (21.4%) |
| Median Home Value | $79,847 |
| Average Home Value | $109,381 |
Housing Distribution
Address Breakdown
Residential
1,023
Single Family
1,023
Multi-Family
0
Businesses
201
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