302 Iowa StWinfieldKS67156
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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 Winfield at 302 Iowa St, Winfield, KS, 67156 uses $39,084 cash to close to unlock $2,708/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $1,010/mo, and a $577/mo payment keeps the spread at $226/mo. Purchase price stands at $117,900, and rental yield measures 10.28% with $1,010/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $32,574 over five years. Five-year ROI reaches 140.64% and total cumulative return in cash records $54,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,010/mo property income covering a $577/mo payment rather than investor’s personal income.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67156, Winfield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,542 (100%) |
| Owner Occupied HU | 3,558 (54.4%) |
| Renter Occupied HU | 2,071 (31.7%) |
| Vacant Housing Units | 913 (14.0%) |
| Median Home Value | $166,899 |
| Average Home Value | $205,535 |
Housing Distribution
Address Breakdown
Residential
6,083
Single Family
5,705
Multi-Family
378
Businesses
575
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