589 S Cherokee StKansasOK74347
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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 Kansas at 589 S Cherokee St, Kansas, OK, 74347 offers $0/mo rent that, after a $627/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.19% in year one, and rental yield stands at 0% at a $128,000 entry. Equity gained on principal adds $826/yr while 5% annual appreciation compounds into $35,364 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $627/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 74347, Kansas, OK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,490 (100%) |
| Owner Occupied HU | 928 (62.3%) |
| Renter Occupied HU | 252 (16.9%) |
| Vacant Housing Units | 310 (20.8%) |
| Median Home Value | $122,959 |
| Average Home Value | $203,869 |
Housing Distribution
Address Breakdown
Residential
946
Single Family
946
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices