506 Ottawa 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
Investment property for sale in Leavenworth at 506 Ottawa St, Leavenworth, KS, 66048 offers a 8.24% rental yield on a $200,000 purchase with $1,374/mo rent. Total monthly income registers $1,374/mo, and a $979/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $520/yr on $66,300 to close, and return on cash invested stands at 20.69% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 107.7% and total cumulative return in cash at $71,408. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,374/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1982
5,662 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: Christopher Kelly • EXP Realty LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2594377