420 Deer Lake RdKansasOK74347
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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 Kansas at 420 Deer Lake Rd, Kansas, OK, 74347 priced at $297,000 converts $1,927/mo rent into $30/mo cash flow after a $1,454/mo obligation. Total monthly income equals $1,927/mo, and annual cash flow totals $360/yr on $98,456 invested. Return on cash invested prints 20.27% in year one, and rental yield reads 7.79% against a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation compiles into $82,056 by year five. Five-year ROI reaches 105.03% and total cumulative return in cash sums $103,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,927/mo property income covering a $1,454/mo payment, not borrower’s personal income.
Single Family
Built in 1988
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74347, Kansas, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,490 (100%) |
| Owner Occupied HU | 928 (62.3%) |
| Renter Occupied HU | 252 (16.9%) |
| Vacant Housing Units | 310 (20.8%) |
| Median Home Value | $122,959 |
| Average Home Value | $203,869 |
Housing Distribution
Address Breakdown
Residential
946
Single Family
946
Multi-Family
0
Businesses
66
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