75 Lakeview CirAlmaKS66401
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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 Alma at 75 Lakeview Cir, Alma, KS, 66401 priced at $850,000 converts $1,598/mo rent into after a $4,160/mo obligation. Total monthly income equals $1,598/mo. Return on cash invested prints 2.65% in year one, and rental yield reads 2.26% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 10.89% and total cumulative return in cash sums $30,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,598/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 2012
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66401, Alma, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 970 (100%) |
| Owner Occupied HU | 620 (63.9%) |
| Renter Occupied HU | 127 (13.1%) |
| Vacant Housing Units | 223 (23.0%) |
| Median Home Value | $164,394 |
| Average Home Value | $225,742 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
63
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