300 S Walnut StDexterKS67038
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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 Dexter at 300 S Walnut St, Dexter, KS, 67038 at $250,000 posts ROI 23.36% with $238/mo cash flow from $1,902/mo rent. Total monthly income equals $1,902/mo, and annual cash flow records $2,861/yr on $82,875 to close. Return on cash invested measures 23.36% and rental yield reads 9.13% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 122% and total cumulative return in cash totals $101,110.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,902/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67038, Dexter, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 156 (71.6%) |
| Renter Occupied HU | 38 (17.4%) |
| Vacant Housing Units | 24 (11.0%) |
| Median Home Value | $306,250 |
| Average Home Value | $378,478 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
137
Multi-Family
0
Businesses
20
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Listed by: Candace Hendricks • Exp Realty, LLC
Mls Name: SCKMLS
Mls ID: #643084
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.