1602 N Main StKingmanKS67068
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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 Kingman at 1602 N Main St, Kingman, KS, 67068 offers a 7.4% rental yield on a $244,700 purchase with $1,510/mo rent. 67% in year one. Equity gained on principal adds $1,579/yr while 5% annual appreciation supports $67,606 over five years. Portfolio math shows five-year ROI at 86.69% and total cumulative return in cash at $70,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,510/mo property income against a $1,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67068, Kingman, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,261 (60.0%) |
| Renter Occupied HU | 558 (26.6%) |
| Vacant Housing Units | 282 (13.4%) |
| Median Home Value | $94,773 |
| Average Home Value | $150,357 |
Housing Distribution
Address Breakdown
Residential
1,769
Single Family
1,769
Multi-Family
0
Businesses
219
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