118 N Maria StMeadeKS67864
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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 Meade at 118 N Maria St, Meade, KS, 67864 uses $61,328 cash to close to unlock $6,848/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $1,801/mo, and a $905/mo payment keeps the spread at $571/mo. Purchase price stands at $185,000, and rental yield measures 11.68% with $1,801/mo rent. Return on cash invested shows 31.08% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 163.35% and total cumulative return in cash records $100,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,801/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1965
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67864, Meade, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 553 (58.5%) |
| Renter Occupied HU | 231 (24.4%) |
| Vacant Housing Units | 161 (17.0%) |
| Median Home Value | $140,962 |
| Average Home Value | $193,151 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
101
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