11884 Highway 159EffinghamKS66023
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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
Rental property for sale in Effingham at 11884 Highway 159, Effingham, KS, 66023 generates $720/mo in rent, after a $1,246/mo payment. Total monthly income is $720/mo. Return on cash invested sits at 6.06% in year one, and rental yield is 3.39% on a $254,500 entry. Equity gained on principal adds $1,642/yr, while 5% annual appreciation builds toward $70,314 over five years. Five-year ROI reaches 29.21% and total cumulative return in cash sums $24,643. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $720/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66023, Effingham, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 361 (73.7%) |
| Renter Occupied HU | 69 (14.1%) |
| Vacant Housing Units | 60 (12.2%) |
| Median Home Value | $157,721 |
| Average Home Value | $184,765 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
398
Multi-Family
0
Businesses
21
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Listed by: Constance Fox • Beoutdoors Real Estate, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #234647
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.