113 Cedar CirAlmaKS66401
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 Alma at 113 Cedar Cir, Alma, KS, 66401 offers a 10.34% rental yield on a $287,000 purchase with $2,474/mo rent. Total monthly income registers $2,474/mo, and a $1,405/mo payment leaves $564/mo available for distribution. Annual cash flow reaches $6,772/yr on $95,141 to close, and return on cash invested stands at 27.03% in year one. Equity gained on principal adds $1,852/yr while 5% annual appreciation supports $79,293 over five years. Portfolio math shows five-year ROI at 141.65% and total cumulative return in cash at $134,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,474/mo property income against a $1,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66401, Alma, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 970 (100%) |
| Owner Occupied HU | 620 (63.9%) |
| Renter Occupied HU | 127 (13.1%) |
| Vacant Housing Units | 223 (23.0%) |
| Median Home Value | $164,394 |
| Average Home Value | $225,742 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
63
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