118 W 2nd StWashingtonKS66968
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 Washington at 118 W 2nd St, Washington, KS, 66968 earns $424/mo cash flow from $1,482/mo rent with a $778/mo payment. Total monthly income totals $1,482/mo, and annual cash flow totals $5,093/yr on $52,709 capital. ROI tracks 29.57% on current figures, and rental yield reads 11.18% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 155.34% and total cumulative return in cash sums $81,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,482/mo property income instead of your personal income.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66968, Washington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 767 (100%) |
| Owner Occupied HU | 508 (66.2%) |
| Renter Occupied HU | 155 (20.2%) |
| Vacant Housing Units | 104 (13.6%) |
| Median Home Value | $111,058 |
| Average Home Value | $183,179 |
Housing Distribution
Address Breakdown
Residential
672
Single Family
672
Multi-Family
0
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Burt • Burt Farm & Ranch Realty LLC
Mls Name: My State MLS
Mls ID: #11569290