225 S Range AveColbyKS67701
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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 Colby at 225 S Range Ave, Colby, KS, 67701 priced at $115,900 pairs $923/mo rent with $152/mo cash flow after a $567/mo payment. Total monthly income equals $923/mo, and annual cash flow comes to $1,827/yr on $38,421 invested. Return on cash invested is 24.66% in year one, and rental yield stands at 9.56% on a $115,900 basis. Equity gained on principal adds $748/yr, and 5% annual appreciation accumulates to $32,021 by year five. Five-year ROI measures 129.03% and total cumulative return in cash reaches $49,576. For financing, Ziffy Mortgage’s DSCR program evaluates $923/mo property income against a $567/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67701, Colby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 1,828 (60.6%) |
| Renter Occupied HU | 817 (27.1%) |
| Vacant Housing Units | 371 (12.3%) |
| Median Home Value | $188,189 |
| Average Home Value | $218,141 |
Housing Distribution
Address Breakdown
Residential
2,843
Single Family
2,755
Multi-Family
88
Businesses
602
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Listed by: Tom Harrison • Harrison Realty & Auction
Mls Name: Goodland Property Ads
Mls ID: #16673
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. Information is deemed reliable but not guaranteed.