217 Maple TerWellsvilleKS66092
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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
Rental property for sale in Wellsville at 217 Maple Ter, Wellsville, KS, 66092 priced at $250,000 converts $1,680/mo rent into $16/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $197/yr on $82,875 invested. Return on cash invested prints 20.15% in year one, and rental yield reads 8.06% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 104.77% and total cumulative return in cash sums $86,830. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1970
9,392 sqft 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
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Listed by: Jennifer Keyes • KW Diamond Partners
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2589413