2251 38th StFall RiverKS67047
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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
Total monthly income runs $785/mo, and a $587/mo payment. Purchase price stands at $120,000, and rental yield measures 7.85% with $785/mo rent. Return on cash invested shows 19.52% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 101.32% and total cumulative return in cash records $40,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $785/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67047, Fall River, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 287 (44.6%) |
| Renter Occupied HU | 51 ( 7.9%) |
| Vacant Housing Units | 306 (47.5%) |
| Median Home Value | $113,125 |
| Average Home Value | $217,997 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
16
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Listed by: Becky Schaffer • Becky Schaffer Ins. & Real Estate
Mls Name: SCKMLS
Mls ID: #653339
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. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.