1005 NW 3rd StAbileneKS67410
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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 Abilene at 1005 NW 3rd St, Abilene, KS, 67410 uses $83,704 cash to close to unlock $1,296/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $1,236/mo payment keeps the spread at $108/mo. Purchase price stands at $252,500, and rental yield measures 8.5% with $1,788/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $69,761 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash records $93,591. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $1,236/mo payment rather than investor’s personal income.
Single Family
Built in 1915
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67410, Abilene, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,589 (100%) |
| Owner Occupied HU | 2,964 (64.6%) |
| Renter Occupied HU | 1,105 (24.1%) |
| Vacant Housing Units | 520 (11.3%) |
| Median Home Value | $174,213 |
| Average Home Value | $205,179 |
Housing Distribution
Address Breakdown
Residential
4,482
Single Family
4,256
Multi-Family
226
Businesses
449
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Listed by: Joan Hirsch • Hirsch Real Estate
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250164
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.