4132 Mead RdNeodeshaKS66757
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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 Neodesha at 4132 Mead Rd, Neodesha, KS, 66757 offers $922/mo rent that, after a $902/mo payment. Total monthly income is $922/mo. Return on cash invested measures 13.94% in year one, and rental yield stands at 6.01% at a $184,200 entry. Equity gained on principal adds $1,189/yr while 5% annual appreciation compounds into $50,891 by year five. Five-year ROI records 71.5% and total cumulative return in cash reaches $43,659. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $922/mo property income versus a $902/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
34.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66757, Neodesha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 916 (56.5%) |
| Renter Occupied HU | 442 (27.3%) |
| Vacant Housing Units | 263 (16.2%) |
| Median Home Value | $113,636 |
| Average Home Value | $156,174 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,387
Multi-Family
7
Businesses
142
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