218 W 2nd StEnterpriseKS67441
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 Enterprise at 218 W 2nd St, Enterprise, KS, 67441 listed at $135,000 pairs $1,037/mo rent with a $661/mo payment to leave $139/mo cash flow. Total monthly income runs $1,037/mo, and annual cash flow reaches $1,663/yr on $44,753 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 9.22% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 123.43% and total cumulative return in cash totals $55,237. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,037/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67441, Enterprise, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 317 (69.2%) |
| Renter Occupied HU | 75 (16.4%) |
| Vacant Housing Units | 66 (14.4%) |
| Median Home Value | $111,990 |
| Average Home Value | $154,282 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
20
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Listed by: Kiley M Koffman • Almost Home Realty
Mls Name: FHARMLS
Mls ID: #20253093