253 Cherry AveGoodlandKS67735
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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 Goodland at 253 Cherry Ave, Goodland, KS, 67735 at $169,500 posts ROI 21.71% with $85/mo cash flow from $1,273/mo rent. Total monthly income equals $1,273/mo, and annual cash flow records $1,014/yr on $56,189 to close. Return on cash invested measures 21.71% and rental yield reads 9.01% at the current $169,500. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,830 by year five. Five-year ROI prints 113.65% and total cumulative return in cash totals $63,860.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,273/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
8,681 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67735, Goodland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,487 (56.0%) |
| Renter Occupied HU | 715 (26.9%) |
| Vacant Housing Units | 453 (17.1%) |
| Median Home Value | $154,025 |
| Average Home Value | $176,907 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,376
Multi-Family
97
Businesses
385
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Listed by: Rosanne Koggie • Harrison Realty & Auction
Mls Name: Goodland Property Ads
Mls ID: #16635
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.