214 Spruce RdGoodlandKS67735
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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 Goodland at 214 Spruce Rd, Goodland, KS, 67735 with 5% annual appreciation on a $515,000 basis while $4,418/mo rent supports operations. Total monthly income totals $4,418/mo and a $2,521/mo payment preserves $991/mo for cash returns. Annual cash flow comes to $11,897/yr on $169,435 deployed, and return on cash invested reaches 27.08% in year one. Equity gained on principal adds $3,323/yr, and five-year appreciation sums $142,285 alongside rental yield of 10.29%. Five-year ROI measures 141.9% and total cumulative return in cash totals $240,433.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,418/mo property income versus a $2,521/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67735, Goodland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,487 (56.0%) |
| Renter Occupied HU | 715 (26.9%) |
| Vacant Housing Units | 453 (17.1%) |
| Median Home Value | $154,025 |
| Average Home Value | $176,907 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,376
Multi-Family
97
Businesses
385
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