229-22 Road 0CherryvaleKS67335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $1,020/mo, and a $832/mo payment. Purchase price stands at $170,000, and rental yield measures 7.2% with $1,020/mo rent. Return on cash invested shows 17.55% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 90.88% and total cumulative return in cash records $51,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1945
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67335, Cherryvale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,072 (65.4%) |
| Renter Occupied HU | 343 (20.9%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $123,281 |
| Average Home Value | $179,564 |
Housing Distribution
Address Breakdown
Residential
1,429
Single Family
1,429
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nichole Adkison • Heritage 1st Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2582747