202 N 2nd AveColumbusKS66725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Columbus at 202 N 2nd Ave, Columbus, KS, 66725 offers a 10.87% rental yield on a $142,000 purchase with $1,286/mo rent. Total monthly income registers $1,286/mo, and a $695/mo payment leaves $341/mo available for distribution. Annual cash flow reaches $4,096/yr on $47,073 to close, and return on cash invested stands at 28.61% 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 150.21% and total cumulative return in cash at $70,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,286/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 1951
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66725, Columbus, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,444 (100%) |
| Owner Occupied HU | 1,555 (63.6%) |
| Renter Occupied HU | 552 (22.6%) |
| Vacant Housing Units | 337 (13.8%) |
| Median Home Value | $123,670 |
| Average Home Value | $181,730 |
Housing Distribution
Address Breakdown
Residential
2,291
Single Family
2,291
Multi-Family
0
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices