2261 NE Well RdMedicine LodgeKS67104
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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
Investment property for sale in Medicine Lodge at 2261 NE Well Rd, Medicine Lodge, KS, 67104 earns $602/mo cash flow from $2,641/mo rent with a $1,500/mo payment. Total monthly income totals $2,641/mo, and annual cash flow totals $7,227/yr on $101,572 capital. ROI tracks 27.02% on current figures, and rental yield reads 10.34% at a $306,400 purchase. Equity gained on principal adds $1,977/yr, and 5% annual appreciation supports $84,653 over five years. Five-year ROI reaches 141.64% and total cumulative return in cash sums $143,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,641/mo property income instead of your personal income.
Single Family
Built in 1977
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67104, Medicine Lodge, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,311 (100%) |
| Owner Occupied HU | 727 (55.5%) |
| Renter Occupied HU | 267 (20.4%) |
| Vacant Housing Units | 317 (24.2%) |
| Median Home Value | $93,750 |
| Average Home Value | $118,177 |
Housing Distribution
Address Breakdown
Residential
994
Single Family
952
Multi-Family
42
Businesses
174
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Listed by: N/A • N/A
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