851 Easy StElkhartKS67950
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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 Elkhart at 851 Easy St, Elkhart, KS, 67950 listed at $287,000 pairs $2,208/mo rent with a $1,405/mo payment to leave $298/mo cash flow. Total monthly income runs $2,208/mo, and annual cash flow reaches $3,580/yr on $95,141 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.23% at a $287,000 basis. Equity gained on principal adds $1,852/yr, and annual property appreciation at 5% supports $79,293 by year five. Five-year ROI tracks 123.66% and total cumulative return in cash totals $117,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,208/mo property income relative to a $1,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67950, Elkhart, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 971 (100%) |
| Owner Occupied HU | 550 (56.6%) |
| Renter Occupied HU | 229 (23.6%) |
| Vacant Housing Units | 192 (19.8%) |
| Median Home Value | $101,750 |
| Average Home Value | $112,977 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
102
Multi-Family
20
Businesses
107
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