1098 Evergreen DrPhillipsburgKS67661
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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 1098 Evergreen Dr, Phillipsburg, KS, 67661 listed at $339,900 pairs $1,970/mo rent with a $1,664/mo payment. Total monthly income runs $1,970/mo. Return on cash invested measures 14.92% in year one, and rental yield registers 6.95% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 77.39% and total cumulative return in cash totals $87,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,970/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
1 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: My State MLS
Mls ID: #11535677