117 S Riley StRileyKS66531
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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 Riley at 117 S Riley St, Riley, KS, 66531 uses $46,410 cash to close to unlock $2,014/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,099/mo, and a $685/mo payment keeps the spread at $168/mo. Purchase price stands at $140,000, and rental yield measures 9.42% with $1,099/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 126.69% and total cumulative return in cash records $58,798. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,099/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66531, Riley, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 423 (69.0%) |
| Renter Occupied HU | 100 (16.3%) |
| Vacant Housing Units | 90 (14.7%) |
| Median Home Value | $240,196 |
| Average Home Value | $303,922 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
489
Multi-Family
24
Businesses
39
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Listed by: Tamara Burton • The Alms Group
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20243017
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.