209 Harrison StNewtonKS67114
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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
Rental property for sale in Newton at 209 Harrison St, Newton, KS, 67114 priced at $140,000 pairs $1,108/mo rent with $148/mo cash flow after a $685/mo payment. Total monthly income equals $1,108/mo, and annual cash flow comes to $1,776/yr on $46,410 invested. Return on cash invested is 23.74% in year one, and rental yield stands at 9.5% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 124.34% and total cumulative return in cash reaches $57,706. For financing, Ziffy Mortgage’s DSCR program evaluates $1,108/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67114, Newton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,484 (100%) |
| Owner Occupied HU | 5,752 (60.6%) |
| Renter Occupied HU | 2,808 (29.6%) |
| Vacant Housing Units | 924 ( 9.7%) |
| Median Home Value | $173,253 |
| Average Home Value | $211,330 |
Housing Distribution
Address Breakdown
Residential
8,971
Single Family
8,686
Multi-Family
285
Businesses
765
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Listed by: Kali Graber • J.P. Weigand & Sons - McPherson
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #51131
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.