113 Wheat StGoesselKS67053
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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 Goessel at 113 Wheat St, Goessel, KS, 67053 generates $1,397/mo in rent and, after a $832/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,397/mo, and annual cash flow is $2,534/yr on $56,322 invested. Return on cash invested sits at 24.41% in year one, and rental yield is 9.87% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash sums $72,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,397/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67053, Goessel, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 230 (100%) |
| Owner Occupied HU | 181 (78.7%) |
| Renter Occupied HU | 22 ( 9.6%) |
| Vacant Housing Units | 27 (11.7%) |
| Median Home Value | $193,750 |
| Average Home Value | $254,434 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
32
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Listed by: Kali Graber • J.P. Weigand & Sons - McPherson
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52605
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.