207 Ruths LnWamegoKS66547
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
Rental property for sale in Wamego at 207 Ruths Ln, Wamego, KS, 66547 priced at $526,000 converts $3,191/mo rent into after a $2,575/mo obligation. Total monthly income equals $3,191/mo. Return on cash invested prints 17.92% in year one, and rental yield reads 7.28% against a $526,000 entry. Equity gained on principal adds $3,394/yr, while 5% annual appreciation compiles into $145,324 by year five. Five-year ROI reaches 92.77% and total cumulative return in cash sums $160,547. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,191/mo property income covering a $2,575/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66547, Wamego, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,692 (100%) |
| Owner Occupied HU | 2,594 (70.3%) |
| Renter Occupied HU | 899 (24.3%) |
| Vacant Housing Units | 199 ( 5.4%) |
| Median Home Value | $237,823 |
| Average Home Value | $259,343 |
Housing Distribution
Address Breakdown
Residential
3,458
Single Family
3,410
Multi-Family
48
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices