101 S Lincoln StSmith CenterKS66967
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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 Smith Center at 101 S Lincoln St, Smith Center, KS, 66967 offers $1,733/mo rent that, after a $2,433/mo payment. Total monthly income is $1,733/mo. Return on cash invested measures 8.45% in year one, and rental yield stands at 4.18% at a $497,000 entry. Equity gained on principal adds $3,207/yr while 5% annual appreciation compounds into $137,312 by year five. Five-year ROI records 42% and total cumulative return in cash reaches $69,194. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,733/mo property income versus a $2,433/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66967, Smith Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 693 (63.9%) |
| Renter Occupied HU | 190 (17.5%) |
| Vacant Housing Units | 201 (18.5%) |
| Median Home Value | $108,494 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
879
Multi-Family
70
Businesses
158
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Listed by: Nick Rhodes • Wildlife Properties Land Company, LLC
Mls Name: My State MLS
Mls ID: #11523533