2208 N Chestnut CtAugustaKS67010
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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 Augusta at 2208 N Chestnut Ct, Augusta, KS, 67010 priced at $317,900 converts $2,663/mo rent into $495/mo cash flow after a $1,556/mo obligation. Total monthly income equals $2,663/mo, and annual cash flow totals $5,943/yr on $105,384 invested. Return on cash invested prints 25.55% in year one, and rental yield reads 10.05% against a $317,900 entry. Equity gained on principal adds $2,051/yr, while 5% annual appreciation compiles into $87,830 by year five. Five-year ROI reaches 133.95% and total cumulative return in cash sums $141,160. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,663/mo property income covering a $1,556/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.26 Acres lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67010, Augusta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,056 (100%) |
| Owner Occupied HU | 4,015 (66.3%) |
| Renter Occupied HU | 1,463 (24.2%) |
| Vacant Housing Units | 578 ( 9.5%) |
| Median Home Value | $234,766 |
| Average Home Value | $276,012 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,328
Multi-Family
208
Businesses
380
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