216 E South StArmaKS66712
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
Rental property for sale in Arma at 216 E South St, Arma, KS, 66712 priced at $210,800 pairs $2,070/mo rent with $667/mo cash flow after a $1,032/mo payment. Total monthly income equals $2,070/mo, and annual cash flow comes to $8,008/yr on $69,880 invested. Return on cash invested is 31.37% in year one, and rental yield stands at 11.78% on a $210,800 basis. Equity gained on principal adds $1,360/yr, and 5% annual appreciation accumulates to $58,240 by year five. Five-year ROI measures 164.93% and total cumulative return in cash reaches $115,251. For financing, Ziffy Mortgage’s DSCR program evaluates $2,070/mo property income against a $1,032/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66712, Arma, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 620 (62.5%) |
| Renter Occupied HU | 269 (27.1%) |
| Vacant Housing Units | 103 (10.4%) |
| Median Home Value | $121,519 |
| Average Home Value | $152,310 |
Housing Distribution
Address Breakdown
Residential
644
Single Family
644
Multi-Family
0
Businesses
60
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