412 N Olive StLeonKS67074
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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 Leon at 412 N Olive St, Leon, KS, 67074 priced at $149,500 converts $1,179/mo rent into $184/mo cash flow after a $732/mo obligation. Total monthly income equals $1,179/mo, and annual cash flow totals $2,210/yr on $49,559 invested. Return on cash invested prints 24.37% in year one, and rental yield reads 9.46% against a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation compiles into $41,304 by year five. Five-year ROI reaches 127.45% and total cumulative return in cash sums $63,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,179/mo property income covering a $732/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67074, Leon, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 702 (100%) |
| Owner Occupied HU | 506 (72.1%) |
| Renter Occupied HU | 129 (18.4%) |
| Vacant Housing Units | 67 ( 9.5%) |
| Median Home Value | $230,000 |
| Average Home Value | $252,006 |
Housing Distribution
Address Breakdown
Residential
485
Single Family
485
Multi-Family
0
Businesses
27
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