302 N Pine StArgoniaKS67004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Argonia at 302 N Pine St, Argonia, KS, 67004 priced at $259,990 pairs $1,997/mo rent with $267/mo cash flow after a $1,273/mo payment. Total monthly income equals $1,997/mo, and annual cash flow comes to $3,202/yr on $86,187 invested. Return on cash invested is 23.62% in year one, and rental yield stands at 9.22% on a $259,990 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,830 by year five. Five-year ROI measures 123.38% and total cumulative return in cash reaches $106,334. For financing, Ziffy Mortgage’s DSCR program evaluates $1,997/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1922
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67004, Argonia, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 383 (100%) |
| Owner Occupied HU | 246 (64.2%) |
| Renter Occupied HU | 67 (17.5%) |
| Vacant Housing Units | 70 (18.3%) |
| Median Home Value | $125,000 |
| Average Home Value | $156,189 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
24
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