511 S Cedar StOttawaKS66067
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
Investment property for sale in Ottawa at 511 S Cedar St, Ottawa, KS, 66067 at $150,400 posts ROI 32.93% with $541/mo cash flow from $1,555/mo rent. Total monthly income equals $1,555/mo, and annual cash flow records $6,491/yr on $49,858 to close. Return on cash invested measures 32.93% and rental yield reads 12.41% at the current $150,400. Equity gained on principal adds $971/yr, and 5% annual appreciation supports $41,553 by year five. Five-year ROI prints 173.36% and total cumulative return in cash totals $86,436.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,555/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66067, Ottawa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 4,120 (57.8%) |
| Renter Occupied HU | 2,377 (33.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $215,448 |
| Average Home Value | $240,480 |
Housing Distribution
Address Breakdown
Residential
6,843
Single Family
6,634
Multi-Family
209
Businesses
622
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices