2007 Wheatland CirSalinaKS67401
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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
Rental property for sale in Salina at 2007 Wheatland Cir, Salina, KS, 67401 priced at $536,500 converts $3,566/mo rent into after a $2,626/mo obligation. Total monthly income equals $3,566/mo. Return on cash invested prints 20.04% in year one, and rental yield reads 7.98% against a $536,500 entry. Equity gained on principal adds $3,462/yr, while 5% annual appreciation compiles into $148,225 by year five. Five-year ROI reaches 104.12% and total cumulative return in cash sums $183,775. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,566/mo property income covering a $2,626/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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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