412 S Elm StOfferleKS67563
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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 Offerle at 412 S Elm St, Offerle, KS, 67563 priced at $140,000 pairs $1,338/mo rent with $407/mo cash flow after a $685/mo payment. Total monthly income equals $1,338/mo, and annual cash flow comes to $4,882/yr on $46,410 invested. Return on cash invested is 30.43% in year one, and rental yield stands at 11.47% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 159.84% and total cumulative return in cash reaches $74,182. For financing, Ziffy Mortgage’s DSCR program evaluates $1,338/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67563, Offerle, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 123 (72.4%) |
| Renter Occupied HU | 25 (14.7%) |
| Vacant Housing Units | 22 (12.9%) |
| Median Home Value | $121,196 |
| Average Home Value | $195,325 |
Housing Distribution
Address Breakdown
Residential
157
Single Family
157
Multi-Family
0
Businesses
9
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