116 Center DrSilver LakeKS66539
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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 Silver Lake at 116 Center Dr, Silver Lake, KS, 66539 offers a 0% rental yield on a $254,000 purchase with $0/mo rent. 17% in year one. Equity gained on principal adds $1,639/yr while 5% annual appreciation supports $70,176 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,243/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66539, Silver Lake, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,179 (100%) |
| Owner Occupied HU | 891 (75.6%) |
| Renter Occupied HU | 231 (19.6%) |
| Vacant Housing Units | 57 ( 4.8%) |
| Median Home Value | $272,978 |
| Average Home Value | $300,320 |
Housing Distribution
Address Breakdown
Residential
985
Single Family
985
Multi-Family
0
Businesses
60
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Listed by: Kelley Hughes • Better Homes and Gardens Real
Mls Name: Sunflower AOR
Mls ID: #241065