1417 Cherry AveGoodlandKS67735
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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 Goodland at 1417 Cherry Ave, Goodland, KS, 67735 listed at $107,000 pairs $833/mo rent with a $524/mo payment to leave $121/mo cash flow. Total monthly income runs $833/mo, and annual cash flow reaches $1,450/yr on $35,471 cash to close. Return on cash invested measures 24% in year one, and rental yield registers 9.34% at a $107,000 basis. Equity gained on principal adds $690/yr, and annual property appreciation at 5% supports $29,562 by year five. Five-year ROI tracks 125.39% and total cumulative return in cash totals $44,478. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $833/mo property income relative to a $524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1895
5,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67735, Goodland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,487 (56.0%) |
| Renter Occupied HU | 715 (26.9%) |
| Vacant Housing Units | 453 (17.1%) |
| Median Home Value | $154,025 |
| Average Home Value | $176,907 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,376
Multi-Family
97
Businesses
385
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Listed by: Dennis Fenner • Real Broker LLC
Mls Name: Goodland Property Ads
Mls ID: #16680
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.