103 East 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
Investment property for sale in Phillipsburg at 103 East St, Phillipsburg, KS, 67661 offers a 8.85% rental yield on a $129,900 purchase with $958/mo rent. Total monthly income registers $958/mo, and a $636/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $852/yr on $43,062 to close, and return on cash invested stands at 21.89% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 114.27% and total cumulative return in cash at $49,207. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $958/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
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
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Listed by: Rhonda Keesee • Mid America Real Estate
Mls Name: KSMLS
Mls ID: #85237
Disclaimer: Copyright Kansas Statewide MLS. All rights reserved. Information is deemed reliable but not guaranteed.