701 McElfresh St #1400-330AdmireKS66830
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 701 McElfresh St #1400-330, Admire, KS, 66830 in Admire is priced for capital growth, not immediate cash flow. The $196,500 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $54,289 by year five, with $1,810/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Admire market data in our database. Property projections are estimates.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66830, Admire, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 127 (100%) |
| Owner Occupied HU | 98 (77.2%) |
| Renter Occupied HU | 16 (12.6%) |
| Vacant Housing Units | 13 (10.2%) |
| Median Home Value | $215,000 |
| Average Home Value | $229,847 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66830, Admire, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 127 (100%) |
| Owner Occupied HU | 98 (77.2%) |
| Renter Occupied HU | 16 (12.6%) |
| Vacant Housing Units | 13 (10.2%) |
| Median Home Value | $215,000 |
| Average Home Value | $229,847 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lacie Hamlin • RE/MAX EK Real Estate
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #240010
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