1501 Madison StGalenaKS66739
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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 Galena at 1501 Madison St, Galena, KS, 66739 offers a 10.48% rental yield on a $165,000 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $808/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,114/yr on $54,698 to close, and return on cash invested stands at 27.43% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 143.81% and total cumulative return in cash at $78,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66739, Galena, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,339 (100%) |
| Owner Occupied HU | 1,438 (61.5%) |
| Renter Occupied HU | 564 (24.1%) |
| Vacant Housing Units | 337 (14.4%) |
| Median Home Value | $91,800 |
| Average Home Value | $126,968 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,159
Multi-Family
1
Businesses
143
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