122 E 10th StNewtonKS67114
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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 Newton at 122 E 10th St, Newton, KS, 67114 uses $59,637 cash to close to unlock $3,116/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,457/mo, and a $881/mo payment keeps the spread at $260/mo. Purchase price stands at $179,900, and rental yield measures 9.72% with $1,457/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 131.49% and total cumulative return in cash records $78,417. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,457/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1920
8,276 sqft 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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