410 E Commercial 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
Rental property for sale in Oberlin at 410 E Commercial St, Oberlin, KS, 67749 generates $1,590/mo in rent and, after a $1,084/mo payment, leaves $117/mo in cash flow. Total monthly income is $1,590/mo, and annual cash flow is $1,398/yr on $73,427 invested. Return on cash invested sits at 21.81% in year one, and rental yield is 8.61% on a $221,500 entry. Equity gained on principal adds $1,429/yr, while 5% annual appreciation builds toward $61,196 over five years. Five-year ROI reaches 113.7% and total cumulative return in cash sums $83,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,590/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
9,147 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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