300 E North StTowandaKS67144
Nearby investment properties with comparable rents
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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 Towanda at 300 E North St, Towanda, KS, 67144 offers $995/mo rent that, after a $587/mo payment, leaves $197/mo cash flow. Total monthly income is $995/mo, and annual cash flow is $2,364/yr on $39,780 cash. Return on cash invested measures 25.85% in year one, and rental yield stands at 9.95% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 135.31% and total cumulative return in cash reaches $53,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $995/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67144, Towanda, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,177 (100%) |
| Owner Occupied HU | 901 (76.6%) |
| Renter Occupied HU | 169 (14.4%) |
| Vacant Housing Units | 107 ( 9.1%) |
| Median Home Value | $235,680 |
| Average Home Value | $266,287 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
46
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Listed by: Kim Braungardt • Braungardt Real Estate Services, LLC
Mls Name: SCKMLS
Mls ID: #644974
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. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.