201 W 1st StWashingtonKS66968
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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 Washington at 201 W 1st St, Washington, KS, 66968 generates $1,370/mo in rent and, after a $881/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,370/mo, and annual cash flow is $2,072/yr on $59,637 invested. Return on cash invested sits at 23.38% in year one, and rental yield is 9.14% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash sums $72,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,370/mo property income rather than buyer’s personal income.
Single Family
Built in 1883
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66968, Washington, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 767 (100%) |
| Owner Occupied HU | 508 (66.2%) |
| Renter Occupied HU | 155 (20.2%) |
| Vacant Housing Units | 104 (13.6%) |
| Median Home Value | $111,058 |
| Average Home Value | $183,179 |
Housing Distribution
Address Breakdown
Residential
672
Single Family
672
Multi-Family
0
Businesses
128
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Listed by: Darcy Smith • Matlock Johnson LLC
Mls Name: FHARMLS
Mls ID: #20252788