115 S Brandon StSmith CenterKS66967
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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 Smith Center at 115 S Brandon St, Smith Center, KS, 66967 priced at $125,000 converts $912/mo rent into $80/mo cash flow after a $612/mo obligation. Total monthly income equals $912/mo, and annual cash flow totals $962/yr on $41,438 invested. Return on cash invested prints 22.23% in year one, and rental yield reads 8.76% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 116.02% and total cumulative return in cash sums $48,077. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $912/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1891
9,072 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66967, Smith Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 693 (63.9%) |
| Renter Occupied HU | 190 (17.5%) |
| Vacant Housing Units | 201 (18.5%) |
| Median Home Value | $108,494 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
879
Multi-Family
70
Businesses
158
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Listed by: Nicholas Rhodes • Wildlife Properties Land Compa
Mls Name: KSMLS
Mls ID: #85168
Disclaimer: Copyright Kansas Statewide MLS. All rights reserved. Information is deemed reliable but not guaranteed.