1202 N Washington AveWellingtonKS67152
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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 Wellington at 1202 N Washington Ave, Wellington, KS, 67152 earns $510/mo cash flow from $1,608/mo rent with a $808/mo payment. Total monthly income totals $1,608/mo, and annual cash flow totals $6,118/yr on $54,698 capital. ROI tracks 31.09% on current figures, and rental yield reads 11.69% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 163.44% and total cumulative return in cash sums $89,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,608/mo property income instead of your personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67152, Wellington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,295 (100%) |
| Owner Occupied HU | 2,439 (56.8%) |
| Renter Occupied HU | 1,300 (30.3%) |
| Vacant Housing Units | 556 (12.9%) |
| Median Home Value | $108,918 |
| Average Home Value | $145,253 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,765
Multi-Family
201
Businesses
447
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Listed by: Sunni Goentzel • Berkshire Hathaway PenFed Realty
Mls Name: SCKMLS
Mls ID: #662888