208 S 5th StFredoniaKS66736
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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 Fredonia at 208 S 5th St, Fredonia, KS, 66736 uses $54,697 cash to close to unlock $1,271/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,204/mo, and a $808/mo payment keeps the spread at $106/mo. Purchase price stands at $164,999, and rental yield measures 8.76% with $1,204/mo rent. Return on cash invested shows 22.23% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 115.92% and total cumulative return in cash records $63,407. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,204/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1910
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66736, Fredonia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,034 (56.6%) |
| Renter Occupied HU | 426 (23.3%) |
| Vacant Housing Units | 366 (20.0%) |
| Median Home Value | $108,532 |
| Average Home Value | $157,945 |
Housing Distribution
Address Breakdown
Residential
1,604
Single Family
1,589
Multi-Family
15
Businesses
237
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