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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$999,999
- bds- ba-sqft
5053 E 301st StMelvernKS66510
1.49%
Gross Yield
0.34%
ROI
$1,246/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Investment property for sale in Melvern at 5053 E 301st St, Melvern, KS, 66510 offers a 1.5% rental yield on a $999,999 purchase with $1,246/mo rent. 34% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,281 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,246/mo property income against a $4,895/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66510, Melvern, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 367 (100%) |
| Owner Occupied HU | 254 (69.2%) |
| Renter Occupied HU | 62 (16.9%) |
| Vacant Housing Units | 51 (13.9%) |
| Median Home Value | $204,878 |
| Average Home Value | $347,972 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved