103 E StPhillipsburgKS67661
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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 Phillipsburg at 103 E St, Phillipsburg, KS, 67661 offers $0/mo rent that, after a $636/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.18% in year one, and rental yield stands at 0% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67661, Phillipsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,010 (60.3%) |
| Renter Occupied HU | 367 (21.9%) |
| Vacant Housing Units | 299 (17.8%) |
| Median Home Value | $104,703 |
| Average Home Value | $155,842 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,421
Multi-Family
3
Businesses
221
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kimberly Senske • Mid America Real Estate
Mls Name: My State MLS
Mls ID: #11529028