415 Cherry AveOakleyKS67748
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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 Oakley at 415 Cherry Ave, Oakley, KS, 67748 uses $74,422 cash to close to unlock $639/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $1,547/mo, and a $1,099/mo payment keeps the spread at $53/mo. Purchase price stands at $224,500, and rental yield measures 8.27% with $1,547/mo rent. Return on cash invested shows 20.77% in year one, and 5% annual appreciation builds toward $62,025 over five years. Five-year ROI reaches 108.09% and total cumulative return in cash records $80,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,547/mo property income covering a $1,099/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67748, Oakley, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 719 (60.6%) |
| Renter Occupied HU | 325 (27.4%) |
| Vacant Housing Units | 142 (12.0%) |
| Median Home Value | $152,500 |
| Average Home Value | $178,029 |
Housing Distribution
Address Breakdown
Residential
1,066
Single Family
1,039
Multi-Family
27
Businesses
167
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