117 E 2nd StChapmanKS67431
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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 Chapman at 117 E 2nd St, Chapman, KS, 67431 with 5% annual appreciation on a $110,000 basis while $1,013/mo rent supports operations. Total monthly income totals $1,013/mo and a $538/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,379/yr on $36,465 deployed, and return on cash invested reaches 29.18% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 11.05%. Five-year ROI measures 153.15% and total cumulative return in cash totals $55,848.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,013/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67431, Chapman, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 663 (66.5%) |
| Renter Occupied HU | 228 (22.9%) |
| Vacant Housing Units | 106 (10.6%) |
| Median Home Value | $214,177 |
| Average Home Value | $229,476 |
Housing Distribution
Address Breakdown
Residential
803
Single Family
784
Multi-Family
19
Businesses
55
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Listed by: Shelly Crane • Almost Home Realty
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250103
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.