118 N Chestnut StDouglassKS67039
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 Douglass at 118 N Chestnut St, Douglass, KS, 67039 uses $43,095 cash to close to unlock $4,217/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $1,216/mo, and a $636/mo payment keeps the spread at $351/mo. Purchase price stands at $130,000, and rental yield measures 11.22% with $1,216/mo rent. Return on cash invested shows 29.69% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 156% and total cumulative return in cash records $67,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,216/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67039, Douglass, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,344 (100%) |
| Owner Occupied HU | 968 (72.0%) |
| Renter Occupied HU | 253 (18.8%) |
| Vacant Housing Units | 123 ( 9.2%) |
| Median Home Value | $236,806 |
| Average Home Value | $274,176 |
Housing Distribution
Address Breakdown
Residential
1,074
Single Family
1,058
Multi-Family
16
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices