111 E Butler StYates CenterKS66783
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
Rental property for sale in Yates Center at 111 E Butler St, Yates Center, KS, 66783 priced at $195,000 converts $630/mo rent into after a $954/mo obligation. Total monthly income equals $630/mo. Return on cash invested prints 7.53% in year one, and rental yield reads 3.88% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 37.12% and total cumulative return in cash sums $23,998. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $630/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66783, Yates Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,123 (100%) |
| Owner Occupied HU | 724 (64.5%) |
| Renter Occupied HU | 186 (16.6%) |
| Vacant Housing Units | 213 (19.0%) |
| Median Home Value | $85,000 |
| Average Home Value | $152,486 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
956
Multi-Family
4
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Shannon • ReeceNichols BajaRanch Team
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2566979