104 E 1st StPalmerKS66962
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
Investment property for sale in Palmer at 104 E 1st St, Palmer, KS, 66962 earns $163/mo cash flow from $948/mo rent with a $578/mo payment. Total monthly income totals $948/mo, and annual cash flow totals $1,950/yr on $39,117 capital. ROI tracks 24.89% on current figures, and rental yield reads 9.64% at a $118,000 purchase. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,601 over five years. Five-year ROI reaches 130.26% and total cumulative return in cash sums $50,955. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $948/mo property income instead of your personal income.
Manufactured
Built in 1975
8,524 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66962, Palmer, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 144 (100%) |
| Owner Occupied HU | 90 (62.5%) |
| Renter Occupied HU | 35 (24.3%) |
| Vacant Housing Units | 19 (13.2%) |
| Median Home Value | $118,333 |
| Average Home Value | $189,361 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices