239 Prairie LnWellsvilleKS66092
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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
Rental property for sale in Wellsville at 239 Prairie Ln, Wellsville, KS, 66092 generates $1,680/mo in rent, after a $1,346/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 17.94% in year one, and rental yield is 7.33% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 92.93% and total cumulative return in cash sums $84,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9,122 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66092, Wellsville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,346 (76.0%) |
| Renter Occupied HU | 343 (19.4%) |
| Vacant Housing Units | 81 ( 4.6%) |
| Median Home Value | $311,022 |
| Average Home Value | $326,473 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,521
Multi-Family
24
Businesses
85
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Listed by: Krystal Christensen • Crown Realty
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2592361