201 N Elm StWhitewaterKS67154
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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 Whitewater at 201 N Elm St, Whitewater, KS, 67154 priced at $140,000 pairs $1,310/mo rent with $379/mo cash flow after a $685/mo payment. Total monthly income equals $1,310/mo, and annual cash flow comes to $4,546/yr on $46,410 invested. Return on cash invested is 29.7% in year one, and rental yield stands at 11.23% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 155.96% and total cumulative return in cash reaches $72,382. For financing, Ziffy Mortgage’s DSCR program evaluates $1,310/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1909
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67154, Whitewater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 435 (78.1%) |
| Renter Occupied HU | 80 (14.4%) |
| Vacant Housing Units | 42 ( 7.5%) |
| Median Home Value | $243,932 |
| Average Home Value | $272,868 |
Housing Distribution
Address Breakdown
Residential
379
Single Family
379
Multi-Family
0
Businesses
42
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Listed by: RON HARDER • RE/MAX Associates
Mls Name: SCKMLS
Mls ID: #660249