213 N Iowa StRileyKS66531
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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 Riley at 213 N Iowa St, Riley, KS, 66531 earns $581/mo cash flow from $1,695/mo rent with a $808/mo payment. Total monthly income totals $1,695/mo, and annual cash flow totals $6,973/yr on $54,698 capital. ROI tracks 32.66% on current figures, and rental yield reads 12.33% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 172.02% and total cumulative return in cash sums $94,091. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,695/mo property income instead of your personal income.
Multi Family
Built in 1960
0.32 Acres 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
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Listed by: Peggy Swisher • Prestige Realty & Associates, LLC
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20243088
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.