115 & 117 E 3rd StBird CityKS67731
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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 Bird City at 115 & 117 E 3rd St, Bird City, KS, 67731 generates $918/mo in rent, after a $1,224/mo payment. Total monthly income is $918/mo. Return on cash invested sits at 9.11% in year one, and rental yield is 4.41% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 45.58% and total cumulative return in cash sums $37,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $918/mo property income rather than buyer’s personal income.
Multi Family
Built in 2012
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67731, Bird City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 200 (52.2%) |
| Renter Occupied HU | 82 (21.4%) |
| Vacant Housing Units | 101 (26.4%) |
| Median Home Value | $119,444 |
| Average Home Value | $150,900 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
42
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