506 Olive StLeavenworthKS66048
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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 Leavenworth at 506 Olive St, Leavenworth, KS, 66048 generates $833/mo in rent and, after a $538/mo payment, leaves $102/mo in cash flow. Total monthly income is $833/mo, and annual cash flow is $1,219/yr on $36,465 invested. Return on cash invested sits at 23.25% in year one, and rental yield is 9.09% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 121.43% and total cumulative return in cash sums $44,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $833/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66048, Leavenworth, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,636 (100%) |
| Owner Occupied HU | 8,787 (56.2%) |
| Renter Occupied HU | 5,431 (34.7%) |
| Vacant Housing Units | 1,418 ( 9.1%) |
| Median Home Value | $238,560 |
| Average Home Value | $270,904 |
Housing Distribution
Address Breakdown
Residential
14,675
Single Family
14,056
Multi-Family
619
Businesses
964
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Listed by: Ken Hinds • Platinum Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2569824