1202 S Walnut StNewtonKS67114
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 Newton at 1202 S Walnut St, Newton, KS, 67114 at $158,000 posts ROI 32.01% with $528/mo cash flow from $1,579/mo rent. Total monthly income equals $1,579/mo, and annual cash flow records $6,338/yr on $52,377 to close. Return on cash invested measures 32.01% and rental yield reads 11.99% at the current $158,000. Equity gained on principal adds $1,020/yr, and 5% annual appreciation supports $43,652 by year five. Five-year ROI prints 168.41% and total cumulative return in cash totals $88,210.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,579/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67114, Newton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,484 (100%) |
| Owner Occupied HU | 5,752 (60.6%) |
| Renter Occupied HU | 2,808 (29.6%) |
| Vacant Housing Units | 924 ( 9.7%) |
| Median Home Value | $173,253 |
| Average Home Value | $211,330 |
Housing Distribution
Address Breakdown
Residential
8,971
Single Family
8,686
Multi-Family
285
Businesses
765
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Nearby investment properties with comparable prices