208 N 2nd StWathenaKS66090
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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 Wathena at 208 N 2nd St, Wathena, KS, 66090 uses $41,355 cash to close to unlock $2,000/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $997/mo, and a $611/mo payment keeps the spread at $167/mo. Purchase price stands at $124,750, and rental yield measures 9.59% with $997/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $34,466 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash records $53,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $997/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66090, Wathena, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,440 (100%) |
| Owner Occupied HU | 957 (66.5%) |
| Renter Occupied HU | 334 (23.2%) |
| Vacant Housing Units | 149 (10.3%) |
| Median Home Value | $121,486 |
| Average Home Value | $174,945 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
998
Multi-Family
1
Businesses
96
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