206 S Myrtle StSubletteKS67877
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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 Sublette at 206 S Myrtle St, Sublette, KS, 67877 uses $38,123 cash to close to unlock $1,593/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $898/mo, and a $563/mo payment keeps the spread at $133/mo. Purchase price stands at $115,000, and rental yield measures 9.37% with $898/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 125.87% and total cumulative return in cash records $47,985. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $898/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67877, Sublette, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 575 (66.1%) |
| Renter Occupied HU | 188 (21.6%) |
| Vacant Housing Units | 107 (12.3%) |
| Median Home Value | $190,402 |
| Average Home Value | $232,387 |
Housing Distribution
Address Breakdown
Residential
151
Single Family
151
Multi-Family
0
Businesses
129
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