121 N Broadway StRileyKS66531
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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 Riley at 121 N Broadway St, Riley, KS, 66531 priced at $186,220 converts $1,651/mo rent into $351/mo cash flow after a $911/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $4,211/yr on $61,732 invested. Return on cash invested prints 26.73% in year one, and rental yield reads 10.64% against a $186,220 entry. Equity gained on principal adds $1,202/yr, while 5% annual appreciation compiles into $51,449 by year five. Five-year ROI reaches 140.47% and total cumulative return in cash sums $86,714. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $911/mo payment, not borrower’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66531, Riley, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 423 (69.0%) |
| Renter Occupied HU | 100 (16.3%) |
| Vacant Housing Units | 90 (14.7%) |
| Median Home Value | $240,196 |
| Average Home Value | $303,922 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
489
Multi-Family
24
Businesses
39
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