1999 Prairie PkwyColdwaterKS67029
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No similar rental properties found nearby.
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
Rental property for sale in Coldwater at 1999 Prairie Pkwy, Coldwater, KS, 67029 generates $2,156/mo in rent and, after a $1,527/mo payment, leaves $80/mo in cash flow. Total monthly income is $2,156/mo, and annual cash flow is $965/yr on $103,428 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 8.29% on a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 108.47% and total cumulative return in cash sums $112,187. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,156/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67029, Coldwater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 538 (100%) |
| Owner Occupied HU | 326 (60.6%) |
| Renter Occupied HU | 99 (18.4%) |
| Vacant Housing Units | 113 (21.0%) |
| Median Home Value | $72,000 |
| Average Home Value | $93,351 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
No similar rental properties found nearby.