503 E Ottawa StPaolaKS66071
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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 Paola at 503 E Ottawa St, Paola, KS, 66071 with 5% annual appreciation on a $267,000 basis while $0/mo rent supports operations. 18% in year one. Equity gained on principal adds $1,723/yr, and five-year appreciation sums $73,767 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,307/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
6,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66071, Paola, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,616 (100%) |
| Owner Occupied HU | 4,022 (71.6%) |
| Renter Occupied HU | 1,250 (22.3%) |
| Vacant Housing Units | 344 ( 6.1%) |
| Median Home Value | $312,950 |
| Average Home Value | $351,150 |
Housing Distribution
Address Breakdown
Residential
5,283
Single Family
5,264
Multi-Family
19
Businesses
472
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No similar rental properties found nearby.
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