608 W Sappa StOberlinKS67749
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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 Oberlin at 608 W Sappa St, Oberlin, KS, 67749 with 5% annual appreciation on a $153,000 basis while $1,226/mo rent supports operations. Total monthly income totals $1,226/mo and a $749/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,496/yr on $50,720 deployed, and return on cash invested reaches 24.83% in year one. Equity gained on principal adds $987/yr, and five-year appreciation sums $42,271 alongside rental yield of 9.62%. Five-year ROI measures 129.82% and total cumulative return in cash totals $65,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,226/mo property income versus a $749/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67749, Oberlin, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 739 (59.2%) |
| Renter Occupied HU | 243 (19.5%) |
| Vacant Housing Units | 267 (21.4%) |
| Median Home Value | $79,847 |
| Average Home Value | $109,381 |
Housing Distribution
Address Breakdown
Residential
1,023
Single Family
1,023
Multi-Family
0
Businesses
201
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