223 N Colorado StUlyssesKS67880
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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 Ulysses at 223 N Colorado St, Ulysses, KS, 67880 priced at $159,900 converts $1,482/mo rent into $418/mo cash flow after a $783/mo obligation. Total monthly income equals $1,482/mo, and annual cash flow totals $5,014/yr on $53,007 invested. Return on cash invested prints 29.37% in year one, and rental yield reads 11.12% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 154.2% and total cumulative return in cash sums $81,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,482/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67880, Ulysses, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 1,935 (65.7%) |
| Renter Occupied HU | 715 (24.3%) |
| Vacant Housing Units | 295 (10.0%) |
| Median Home Value | $178,365 |
| Average Home Value | $204,094 |
Housing Distribution
Address Breakdown
Residential
2,652
Single Family
2,643
Multi-Family
9
Businesses
329
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