209 W Kansas AveConway SpringsKS67031
Nearby investment properties with comparable rents
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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 Conway Springs at 209 W Kansas Ave, Conway Springs, KS, 67031 offers $1,871/mo rent that, after a $1,052/mo payment, leaves $441/mo cash flow. Total monthly income is $1,871/mo, and annual cash flow is $5,291/yr on $71,273 cash. Return on cash invested measures 27.33% in year one, and rental yield stands at 10.44% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 143.23% and total cumulative return in cash reaches $102,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,871/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67031, Conway Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 580 (70.9%) |
| Renter Occupied HU | 163 (19.9%) |
| Vacant Housing Units | 75 ( 9.2%) |
| Median Home Value | $170,000 |
| Average Home Value | $195,164 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
60
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Nearby investment properties with comparable prices
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