81 Eureka Lake RdEurekaKS67045
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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 Eureka at 81 Eureka Lake Rd, Eureka, KS, 67045 priced at $109,500 converts $860/mo rent into $131/mo cash flow after a $536/mo obligation. Total monthly income equals $860/mo, and annual cash flow totals $1,578/yr on $36,299 invested. Return on cash invested prints 24.26% in year one, and rental yield reads 9.42% against a $109,500 entry. Equity gained on principal adds $707/yr, while 5% annual appreciation compiles into $30,253 by year five. Five-year ROI reaches 126.81% and total cumulative return in cash sums $46,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $860/mo property income covering a $536/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67045, Eureka, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,874 (100%) |
| Owner Occupied HU | 1,032 (55.1%) |
| Renter Occupied HU | 389 (20.8%) |
| Vacant Housing Units | 453 (24.2%) |
| Median Home Value | $81,042 |
| Average Home Value | $129,910 |
Housing Distribution
Address Breakdown
Residential
1,488
Single Family
1,473
Multi-Family
15
Businesses
194
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