218 E 4th StSolomonKS67480
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 Solomon at 218 E 4th St, Solomon, KS, 67480 earns from $757/mo rent with a $1,260/mo payment. Total monthly income totals $757/mo. ROI tracks 6.47% on current figures, and rental yield reads 3.53% at a $257,500 purchase. Equity gained on principal adds $1,662/yr, and 5% annual appreciation supports $71,143 over five years. Five-year ROI reaches 31.43% and total cumulative return in cash sums $26,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $757/mo property income instead of your personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67480, Solomon, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 524 (73.1%) |
| Renter Occupied HU | 134 (18.7%) |
| Vacant Housing Units | 59 ( 8.2%) |
| Median Home Value | $180,488 |
| Average Home Value | $229,461 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
604
Multi-Family
15
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry Short • SalinaHomes
Mls Name: SCKMLS
Mls ID: #654526
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.