117 Main StWellsvilleKS66092
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
Rental property for sale in Wellsville at 117 Main St, Wellsville, KS, 66092 offers $1,680/mo rent that, after a $1,101/mo payment, leaves $184/mo cash flow. Total monthly income is $1,680/mo, and annual cash flow is $2,203/yr on $74,554 cash. Return on cash invested measures 22.86% in year one, and rental yield stands at 8.96% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 119.34% and total cumulative return in cash reaches $88,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66092, Wellsville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,346 (76.0%) |
| Renter Occupied HU | 343 (19.4%) |
| Vacant Housing Units | 81 ( 4.6%) |
| Median Home Value | $311,022 |
| Average Home Value | $326,473 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,521
Multi-Family
24
Businesses
85
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Listed by: Anthony Stricker • KW Diamond Partners
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2593180