1015 Easter AveWakeeneyKS67672
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wakeeney at 1015 Easter Ave, Wakeeney, KS, 67672 priced at $150,000 converts $1,236/mo rent into $238/mo cash flow after a $734/mo obligation. Total monthly income equals $1,236/mo, and annual cash flow totals $2,859/yr on $49,725 invested. Return on cash invested prints 25.66% in year one, and rental yield reads 9.89% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 134.33% and total cumulative return in cash sums $66,798. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,236/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67672, Wa Keeney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 779 (64.8%) |
| Renter Occupied HU | 238 (19.8%) |
| Vacant Housing Units | 186 (15.5%) |
| Median Home Value | $126,677 |
| Average Home Value | $150,164 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
975
Multi-Family
60
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices