608 W Ohio StHighlandKS66035
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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 Highland at 608 W Ohio St, Highland, KS, 66035 generates $810/mo in rent and, after a $514/mo payment, leaves $111/mo in cash flow. Total monthly income is $810/mo, and annual cash flow is $1,336/yr on $34,808 invested. Return on cash invested sits at 23.75% in year one, and rental yield is 9.26% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash sums $43,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $810/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66035, Highland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 493 (100%) |
| Owner Occupied HU | 288 (58.4%) |
| Renter Occupied HU | 102 (20.7%) |
| Vacant Housing Units | 103 (20.9%) |
| Median Home Value | $155,625 |
| Average Home Value | $183,707 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
308
Multi-Family
6
Businesses
32
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