209 N 1st StWilseyKS66873
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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 Wilsey at 209 N 1st St, Wilsey, KS, 66873 uses $33,985 cash to close to unlock $14,500/yr annual cash flow and $1,208/mo monthly cash flow. Total monthly income runs $1,954/mo, and a $502/mo payment keeps the spread at $1,208/mo. Purchase price stands at $102,520, and rental yield measures 22.87% with $1,954/mo rent. Return on cash invested shows 62.57% in year one, and 5% annual appreciation builds toward $28,324 over five years. Five-year ROI reaches 333.12% and total cumulative return in cash records $113,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,954/mo property income covering a $502/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66873, Wilsey, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 134 (100%) |
| Owner Occupied HU | 107 (79.9%) |
| Renter Occupied HU | 11 ( 8.2%) |
| Vacant Housing Units | 16 (11.9%) |
| Median Home Value | $95,000 |
| Average Home Value | $149,463 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
7
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