114 W 7th StConway SpringsKS67031
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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 Conway Springs at 114 W 7th St, Conway Springs, KS, 67031 uses $51,383 cash to close to unlock $1,013/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,116/mo, and a $759/mo payment keeps the spread at $84/mo. Purchase price stands at $155,000, and rental yield measures 8.64% with $1,116/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 114.07% and total cumulative return in cash records $58,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,116/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67031, Conway Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 580 (70.9%) |
| Renter Occupied HU | 163 (19.9%) |
| Vacant Housing Units | 75 ( 9.2%) |
| Median Home Value | $170,000 |
| Average Home Value | $195,164 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
60
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Listed by: Greg Robson • RE/MAX Premier
Mls Name: SCKMLS
Mls ID: #662366