1702 2nd RdWatervilleKS66548
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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 Waterville at 1702 2nd Rd, Waterville, KS, 66548 earns from $1,087/mo rent with a $1,591/mo payment. Total monthly income totals $1,087/mo. ROI tracks 7.93% on current figures, and rental yield reads 4.01% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 39.22% and total cumulative return in cash sums $42,253. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,087/mo property income instead of your personal income.
Single Family
Built in 1890
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66548, Waterville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 328 (73.2%) |
| Renter Occupied HU | 61 (13.6%) |
| Vacant Housing Units | 59 (13.2%) |
| Median Home Value | $112,121 |
| Average Home Value | $170,373 |
Housing Distribution
Address Breakdown
Residential
266
Single Family
266
Multi-Family
0
Businesses
28
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Listed by: Jessica Leis • Midwest Land and Home
Mls Name: My State MLS
Mls ID: #11494835