231 N Grant StRussellKS67665
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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 Russell at 231 N Grant St, Russell, KS, 67665 with 5% annual appreciation on a $159,000 basis while $1,196/mo rent supports operations. Total monthly income totals $1,196/mo and a $778/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,661/yr on $52,709 deployed, and return on cash invested reaches 23.06% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.03%. Five-year ROI measures 120.39% and total cumulative return in cash totals $63,456.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,196/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67665, Russell, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,587 (100%) |
| Owner Occupied HU | 1,525 (58.9%) |
| Renter Occupied HU | 632 (24.4%) |
| Vacant Housing Units | 430 (16.6%) |
| Median Home Value | $163,075 |
| Average Home Value | $201,957 |
Housing Distribution
Address Breakdown
Residential
2,231
Single Family
2,165
Multi-Family
66
Businesses
318
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