216 E Parliament StSmith CenterKS66967
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Smith Center at 216 E Parliament St, Smith Center, KS, 66967 with 5% annual appreciation on a $193,100 basis while $1,639/mo rent supports operations. Total monthly income totals $1,639/mo and a $945/mo payment preserves $283/mo for cash returns. Annual cash flow comes to $3,390/yr on $64,013 deployed, and return on cash invested reaches 25.21% in year one. Equity gained on principal adds $1,246/yr, and five-year appreciation sums $53,350 alongside rental yield of 10.19%. Five-year ROI measures 132.37% and total cumulative return in cash totals $84,734.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,639/mo property income versus a $945/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66967, Smith Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 693 (63.9%) |
| Renter Occupied HU | 190 (17.5%) |
| Vacant Housing Units | 201 (18.5%) |
| Median Home Value | $108,494 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
879
Multi-Family
70
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A