603 S Sycamore StOttawaKS66067
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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 Ottawa at 603 S Sycamore St, Ottawa, KS, 66067 generates $930/mo in rent, after a $925/mo payment. Total monthly income is $930/mo. Return on cash invested sits at 13.64% in year one, and rental yield is 5.9% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 69.85% and total cumulative return in cash sums $43,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $930/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.26 Acres 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
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