631 Arrowhead DrNew StrawnKS66839
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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 New Strawn at 631 Arrowhead Dr, New Strawn, KS, 66839 uses $53,007 cash to close to unlock $7,390/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $783/mo payment keeps the spread at $616/mo. Purchase price stands at $159,900, and rental yield measures 12.61% with $1,680/mo rent. Return on cash invested shows 33.85% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 178.25% and total cumulative return in cash records $94,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66839, Burlington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,932 (100%) |
| Owner Occupied HU | 1,210 (62.6%) |
| Renter Occupied HU | 473 (24.5%) |
| Vacant Housing Units | 249 (12.9%) |
| Median Home Value | $162,366 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,753
Multi-Family
49
Businesses
219
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Listed by: Katie Mathews • RE/MAX EK Real Estate
Mls Name: Sunflower AOR
Mls ID: #240514