709 E Massasoit StOttawaKS66067
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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
Investment Highlights
Rental property for sale in Ottawa at 709 E Massasoit St, Ottawa, KS, 66067 priced at $236,500 pairs $1,859/mo rent with $213/mo cash flow after a $1,158/mo payment. Total monthly income equals $1,859/mo, and annual cash flow comes to $2,561/yr on $78,400 invested. Return on cash invested is 23.18% in year one, and rental yield stands at 9.43% on a $236,500 basis. Equity gained on principal adds $1,526/yr, and 5% annual appreciation accumulates to $65,341 by year five. Five-year ROI measures 121.39% and total cumulative return in cash reaches $95,167. For financing, Ziffy Mortgage’s DSCR program evaluates $1,859/mo property income against a $1,158/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66067, Ottawa, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,134 (100%) |
| Owner Occupied HU | 4,120 (57.8%) |
| Renter Occupied HU | 2,377 (33.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $215,448 |
| Average Home Value | $240,480 |
Housing Distribution
Address Breakdown
Residential
6,843
Single Family
6,634
Multi-Family
209
Businesses
622
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