940 Lulu StAugustaKS67010
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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 Augusta at 940 Lulu St, Augusta, KS, 67010 generates $1,369/mo in rent and, after a $808/mo payment, leaves $271/mo in cash flow. Total monthly income is $1,369/mo, and annual cash flow is $3,250/yr on $54,698 invested. Return on cash invested sits at 25.85% in year one, and rental yield is 9.96% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 135.34% and total cumulative return in cash sums $74,027. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,369/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67010, Augusta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,056 (100%) |
| Owner Occupied HU | 4,015 (66.3%) |
| Renter Occupied HU | 1,463 (24.2%) |
| Vacant Housing Units | 578 ( 9.5%) |
| Median Home Value | $234,766 |
| Average Home Value | $276,012 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,328
Multi-Family
208
Businesses
380
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