113 S Robbins RdNorwichKS67118
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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
Rental property for sale in Norwich at 113 S Robbins Rd, Norwich, KS, 67118 generates $1,694/mo in rent and, after a $903/mo payment, leaves $467/mo in cash flow. Total monthly income is $1,694/mo, and annual cash flow is $5,599/yr on $61,162 invested. Return on cash invested sits at 29.06% in year one, and rental yield is 11.02% on a $184,500 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation builds toward $50,974 over five years. Five-year ROI reaches 152.57% and total cumulative return in cash sums $93,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,694/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67118, Norwich, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 330 (100%) |
| Owner Occupied HU | 238 (72.1%) |
| Renter Occupied HU | 56 (17.0%) |
| Vacant Housing Units | 36 (10.9%) |
| Median Home Value | $166,667 |
| Average Home Value | $210,378 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
20
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