120 W 2nd StBird CityKS67731
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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 Bird City at 120 W 2nd St, Bird City, KS, 67731 offers a 8.77% rental yield on a $129,500 purchase with $946/mo rent. Total monthly income registers $946/mo, and a $634/mo payment leaves $84/mo available for distribution. Annual cash flow reaches $1,012/yr on $42,929 to close, and return on cash invested stands at 22.27% in year one. Equity gained on principal adds $836/yr while 5% annual appreciation supports $35,778 over five years. Portfolio math shows five-year ROI at 116.18% and total cumulative return in cash at $49,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $946/mo property income against a $634/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67731, Bird City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 200 (52.2%) |
| Renter Occupied HU | 82 (21.4%) |
| Vacant Housing Units | 101 (26.4%) |
| Median Home Value | $119,444 |
| Average Home Value | $150,900 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
42
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