515 E 10th AveBelle PlaineKS67013
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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 Belle Plaine at 515 E 10th Ave, Belle Plaine, KS, 67013 listed at $125,000 pairs $1,140/mo rent with a $612/mo payment to leave $308/mo cash flow. Total monthly income runs $1,140/mo, and annual cash flow reaches $3,698/yr on $41,438 cash to close. Return on cash invested measures 28.83% in year one, and rental yield registers 10.94% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 151.41% and total cumulative return in cash totals $62,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67013, Belle Plaine, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,290 (100%) |
| Owner Occupied HU | 917 (71.1%) |
| Renter Occupied HU | 219 (17.0%) |
| Vacant Housing Units | 154 (11.9%) |
| Median Home Value | $158,836 |
| Average Home Value | $191,987 |
Housing Distribution
Address Breakdown
Residential
957
Single Family
956
Multi-Family
1
Businesses
55
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Listed by: Robin Dick • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #659679