702 S 8th StBurlingtonKS66839
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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 Burlington at 702 S 8th St, Burlington, KS, 66839 generates $1,680/mo in rent and, after a $1,101/mo payment, leaves $183/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $2,200/yr on $74,588 invested. Return on cash invested sits at 22.86% in year one, and rental yield is 8.96% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 119.32% and total cumulative return in cash sums $89,001. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
10,018 sqft 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: Tatum Thurston • RE/MAX EK Real Estate
Mls Name: Sunflower AOR
Mls ID: #240476