214 N Park StNess CityKS67560
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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 Ness City at 214 N Park St, Ness City, KS, 67560 generates $1,024/mo in rent, after a $911/mo payment. Total monthly income is $1,024/mo. Return on cash invested sits at 15.74% in year one, and rental yield is 6.6% on a $186,100 entry. Equity gained on principal adds $1,201/yr, while 5% annual appreciation builds toward $51,416 over five years. Five-year ROI reaches 81.11% and total cumulative return in cash sums $50,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,024/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67560, Ness City, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 859 (100%) |
| Owner Occupied HU | 571 (66.5%) |
| Renter Occupied HU | 147 (17.1%) |
| Vacant Housing Units | 141 (16.4%) |
| Median Home Value | $114,509 |
| Average Home Value | $159,046 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
637
Multi-Family
30
Businesses
122
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