1001 E Main StColdwaterKS67029
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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 Coldwater at 1001 E Main St, Coldwater, KS, 67029 uses $51,349 cash to close to unlock $212/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,048/mo, and a $758/mo payment keeps the spread at $18/mo. Purchase price stands at $154,900, and rental yield measures 8.12% with $1,048/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 105.72% and total cumulative return in cash records $54,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,048/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67029, Coldwater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 538 (100%) |
| Owner Occupied HU | 326 (60.6%) |
| Renter Occupied HU | 99 (18.4%) |
| Vacant Housing Units | 113 (21.0%) |
| Median Home Value | $72,000 |
| Average Home Value | $93,351 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
86
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No similar price properties found nearby.