1101 W Wheat AveUlyssesKS67880
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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 Ulysses at 1101 W Wheat Ave, Ulysses, KS, 67880 offers a 8.28% rental yield on a $245,000 purchase with $1,690/mo rent. Total monthly income registers $1,690/mo, and a $1,199/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $722/yr on $81,218 to close, and return on cash invested stands at 20.8% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 108.26% and total cumulative return in cash at $87,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67880, Ulysses, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 1,935 (65.7%) |
| Renter Occupied HU | 715 (24.3%) |
| Vacant Housing Units | 295 (10.0%) |
| Median Home Value | $178,365 |
| Average Home Value | $204,094 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,643
Multi-Family
9
Businesses
329
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