230 State StPhillipsburgKS67661
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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 Phillipsburg at 230 State St, Phillipsburg, KS, 67661 at $110,000 posts ROI 22.99% with $94/mo cash flow from $825/mo rent. Total monthly income equals $825/mo, and annual cash flow records $1,123/yr on $36,465 to close. Return on cash invested measures 22.99% and rental yield reads 9% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 120.05% and total cumulative return in cash totals $43,776.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $825/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67661, Phillipsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,010 (60.3%) |
| Renter Occupied HU | 367 (21.9%) |
| Vacant Housing Units | 299 (17.8%) |
| Median Home Value | $104,703 |
| Average Home Value | $155,842 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,421
Multi-Family
3
Businesses
221
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Listed by: Jessica Hindman • 4C Land & Auction, LLC
Mls Name: My State MLS
Mls ID: #11348192