217 2nd StWetmoreKS66550
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 217 2nd St, Wetmore, KS, 66550 in Wetmore is priced for capital growth, not immediate cash flow. The $220,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $60,782 by year five, with $1,844/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Wetmore market data in our database. Property projections are estimates.
Single Family
Built in 1936
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66550, Wetmore, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 262 (100%) |
| Owner Occupied HU | 197 (75.2%) |
| Renter Occupied HU | 31 (11.8%) |
| Vacant Housing Units | 34 (13.0%) |
| Median Home Value | $238,333 |
| Average Home Value | $258,668 |
Housing Distribution
Address Breakdown
Residential
178
Single Family
178
Multi-Family
0
Businesses
15
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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