202 Main AveGoodlandKS67735
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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 Goodland at 202 Main Ave, Goodland, KS, 67735 offers a 9.18% rental yield on a $142,000 purchase with $1,086/mo rent. Total monthly income registers $1,086/mo, and a $695/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,696/yr on $47,073 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $916/yr while 5% annual appreciation supports $39,232 over five years. Portfolio math shows five-year ROI at 122.83% and total cumulative return in cash at $57,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,086/mo property income against a $695/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67735, Goodland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,487 (56.0%) |
| Renter Occupied HU | 715 (26.9%) |
| Vacant Housing Units | 453 (17.1%) |
| Median Home Value | $154,025 |
| Average Home Value | $176,907 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,376
Multi-Family
97
Businesses
385
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