118 N 5th StConway SpringsKS67031
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 Conway Springs at 118 N 5th St, Conway Springs, KS, 67031 earns $329/mo cash flow from $1,460/mo rent with a $832/mo payment. Total monthly income totals $1,460/mo, and annual cash flow totals $3,951/yr on $56,322 capital. ROI tracks 26.92% on current figures, and rental yield reads 10.31% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 141.13% and total cumulative return in cash sums $79,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,460/mo property income instead of your personal income.
Single Family
Built in 1920
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67031, Conway Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 580 (70.9%) |
| Renter Occupied HU | 163 (19.9%) |
| Vacant Housing Units | 75 ( 9.2%) |
| Median Home Value | $170,000 |
| Average Home Value | $195,164 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Lewis • Keller Williams Hometown Partners
Mls Name: SCKMLS
Mls ID: #664312