108 E 3rd StSmith CenterKS66967
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 Smith Center at 108 E 3rd St, Smith Center, KS, 66967 listed at $266,640 pairs $3,109/mo rent with a $1,305/mo payment to leave $1,035/mo cash flow. Total monthly income runs $3,109/mo, and annual cash flow reaches $12,417/yr on $88,391 cash to close. Return on cash invested measures 33.96% in year one, and rental yield registers 13.99% at a $266,640 basis. Equity gained on principal adds $1,721/yr, and annual property appreciation at 5% supports $73,668 by year five. Five-year ROI tracks 180.26% and total cumulative return in cash totals $159,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,109/mo property income relative to a $1,305/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
0.73 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A