215 W Elm 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 215 W Elm St, Riley, KS, 66531 at $205,000 posts ROI 26.89% with $396/mo cash flow from $1,759/mo rent. Total monthly income equals $1,759/mo, and annual cash flow records $4,746/yr on $67,958 to close. Return on cash invested measures 26.89% and rental yield reads 10.3% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 140.92% and total cumulative return in cash totals $95,766.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,759/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1903
0.28 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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