218 N Locust StWhitewaterKS67154
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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
Investment property for sale in Whitewater at 218 N Locust St, Whitewater, KS, 67154 uses $59,007 cash to close to unlock $720/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $871/mo payment keeps the spread at $60/mo. Purchase price stands at $178,000, and rental yield measures 8.39% with $1,244/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 110.1% and total cumulative return in cash records $64,969. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $871/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67154, Whitewater, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 435 (78.1%) |
| Renter Occupied HU | 80 (14.4%) |
| Vacant Housing Units | 42 ( 7.5%) |
| Median Home Value | $243,932 |
| Average Home Value | $272,868 |
Housing Distribution
Address Breakdown
Residential
379
Single Family
379
Multi-Family
0
Businesses
42
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Listed by: Cynthia Thompson • COSH Real Estate Services
Mls Name: SCKMLS
Mls ID: #660459