506 Ohio StPittsburgKS66762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pittsburg at 506 Ohio St, Pittsburg, KS, 66762 priced at $159,300 pairs $1,897/mo rent with $806/mo cash flow after a $780/mo payment. Total monthly income equals $1,897/mo, and annual cash flow comes to $9,672/yr on $52,808 invested. Return on cash invested is 38.22% in year one, and rental yield stands at 14.29% on a $159,300 basis. Equity gained on principal adds $1,028/yr, and 5% annual appreciation accumulates to $44,012 by year five. Five-year ROI measures 201.9% and total cumulative return in cash reaches $106,618. For financing, Ziffy Mortgage’s DSCR program evaluates $1,897/mo property income against a $780/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66762, Pittsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,800 (100%) |
| Owner Occupied HU | 5,034 (42.7%) |
| Renter Occupied HU | 5,147 (43.6%) |
| Vacant Housing Units | 1,619 (13.7%) |
| Median Home Value | $175,694 |
| Average Home Value | $211,929 |
Housing Distribution
Address Breakdown
Residential
10,422
Single Family
10,032
Multi-Family
390
Businesses
976
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