508B E Shawnee StPaolaKS66071
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 Paola at 508B E Shawnee St, Paola, KS, 66071 priced at $402,000 converts $2,309/mo rent into after a $1,968/mo obligation. Total monthly income equals $2,309/mo. Return on cash invested prints 16.61% in year one, and rental yield reads 6.89% against a $402,000 entry. Equity gained on principal adds $2,594/yr, while 5% annual appreciation compiles into $111,065 by year five. Five-year ROI reaches 85.81% and total cumulative return in cash sums $114,356. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,309/mo property income covering a $1,968/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices