116 W Wheat AveUlyssesKS67880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ulysses at 116 W Wheat Ave, Ulysses, KS, 67880 at $145,000 posts ROI 23.88% with $159/mo cash flow from $1,124/mo rent. Total monthly income equals $1,124/mo, and annual cash flow records $1,908/yr on $48,068 to close. Return on cash invested measures 23.88% and rental yield reads 9.3% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 124.84% and total cumulative return in cash totals $60,008.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,124/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67880, Ulysses, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 1,935 (65.7%) |
| Renter Occupied HU | 715 (24.3%) |
| Vacant Housing Units | 295 (10.0%) |
| Median Home Value | $178,365 |
| Average Home Value | $204,094 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,643
Multi-Family
9
Businesses
329
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