15609 18th RdCimarronKS67835
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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 Cimarron at 15609 18th Rd, Cimarron, KS, 67835 listed at $196,000 pairs $1,769/mo rent with a $959/mo payment to leave $465/mo cash flow. Total monthly income runs $1,769/mo, and annual cash flow reaches $5,584/yr on $64,974 cash to close. Return on cash invested measures 28.5% in year one, and rental yield registers 10.83% at a $196,000 basis. Equity gained on principal adds $1,265/yr, and annual property appreciation at 5% supports $54,151 by year five. Five-year ROI tracks 149.58% and total cumulative return in cash totals $97,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,769/mo property income relative to a $959/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67835, Cimarron, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 801 (66.4%) |
| Renter Occupied HU | 271 (22.5%) |
| Vacant Housing Units | 134 (11.1%) |
| Median Home Value | $205,864 |
| Average Home Value | $236,529 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
146
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