824 Ohio StAlmaKS66401
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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
Investment property for sale in Alma at 824 Ohio St, Alma, KS, 66401 uses $44,454 cash to close to unlock $11,499/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $1,850/mo, and a $656/mo payment keeps the spread at $958/mo. Purchase price stands at $134,100, and rental yield measures 16.55% with $1,850/mo rent. Return on cash invested shows 45.78% in year one, and 5% annual appreciation builds toward $37,049 over five years. Five-year ROI reaches 242.26% and total cumulative return in cash records $107,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,850/mo property income covering a $656/mo payment rather than investor’s personal income.
Single Family
Built in 1975
8,276 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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