1815 Page AveSalinaKS67401
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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 Salina at 1815 Page Ave, Salina, KS, 67401 with 5% annual appreciation on a $198,000 basis while $1,342/mo rent supports operations. Total monthly income totals $1,342/mo and a $969/mo payment preserves $25/mo for cash returns. Annual cash flow comes to $298/yr on $65,637 deployed, and return on cash invested reaches 20.36% in year one. Equity gained on principal adds $1,278/yr, and five-year appreciation sums $54,704 alongside rental yield of 8.13%. Five-year ROI measures 105.9% and total cumulative return in cash totals $69,508.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,342/mo property income versus a $969/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67401, Salina, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,465 (100%) |
| Owner Occupied HU | 13,141 (58.5%) |
| Renter Occupied HU | 7,464 (33.2%) |
| Vacant Housing Units | 1,860 ( 8.3%) |
| Median Home Value | $197,113 |
| Average Home Value | $229,727 |
Housing Distribution
Address Breakdown
Residential
22,087
Single Family
20,528
Multi-Family
1,559
Businesses
1,809
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Listed by: Lacey Emig • SalinaHomes
Mls Name: SCKMLS
Mls ID: #653172
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. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.