216 Edgewood DrWellsvilleKS66092
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 Wellsville at 216 Edgewood Dr, Wellsville, KS, 66092 priced at $325,000 pairs $1,810/mo rent with after a $1,591/mo payment. Total monthly income equals $1,810/mo. Return on cash invested is 15.98% in year one, and rental yield stands at 6.68% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 82.41% and total cumulative return in cash reaches $88,789. For financing, Ziffy Mortgage’s DSCR program evaluates $1,810/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66092, Wellsville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,346 (76.0%) |
| Renter Occupied HU | 343 (19.4%) |
| Vacant Housing Units | 81 ( 4.6%) |
| Median Home Value | $311,022 |
| Average Home Value | $326,473 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,521
Multi-Family
24
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BAILEY STUART • MCGREW REAL ESTATE
Mls Name: LBORMLS
Mls ID: #164160