512 Miami 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 512 Miami St, Leavenworth, KS, 66048 offers $1,374/mo rent that, after a $611/mo payment, leaves $543/mo cash flow. Total monthly income is $1,374/mo, and annual cash flow is $6,521/yr on $41,404 cash. Return on cash invested measures 35.66% in year one, and rental yield stands at 13.2% at a $124,900 entry. Equity gained on principal adds $806/yr while 5% annual appreciation compounds into $34,508 by year five. Five-year ROI records 187.97% and total cumulative return in cash reaches $77,830. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,374/mo property income versus a $611/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
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: Jamie Talley • RE/MAX Innovations
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2585309