208 West StRileyKS66531
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 Riley at 208 West St, Riley, KS, 66531 priced at $275,000 converts $2,074/mo rent into $194/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,074/mo, and annual cash flow totals $2,331/yr on $91,163 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 9.05% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 117.44% and total cumulative return in cash sums $107,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,074/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1996
10,826 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66531, Riley, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 423 (69.0%) |
| Renter Occupied HU | 100 (16.3%) |
| Vacant Housing Units | 90 (14.7%) |
| Median Home Value | $240,196 |
| Average Home Value | $303,922 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
489
Multi-Family
24
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Goodson • Christian & Associates Real Estate LLC
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250681
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.