212 Walnut StDearingKS67340
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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 Dearing at 212 Walnut St, Dearing, KS, 67340 priced at $142,900 converts $1,098/mo rent into $148/mo cash flow after a $699/mo obligation. Total monthly income equals $1,098/mo, and annual cash flow totals $1,773/yr on $47,371 invested. Return on cash invested prints 23.65% in year one, and rental yield reads 9.22% against a $142,900 entry. Equity gained on principal adds $922/yr, while 5% annual appreciation compiles into $39,481 by year five. Five-year ROI reaches 123.51% and total cumulative return in cash sums $58,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,098/mo property income covering a $699/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67340, Dearing, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 89 (76.1%) |
| Renter Occupied HU | 11 ( 9.4%) |
| Vacant Housing Units | 17 (14.5%) |
| Median Home Value | $146,875 |
| Average Home Value | $147,865 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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