302 N Wolf StCheneyKS67025
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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 Cheney at 302 N Wolf St, Cheney, KS, 67025 listed at $226,200 pairs $2,412/mo rent with a $1,107/mo payment to leave $862/mo cash flow. Total monthly income runs $2,412/mo, and annual cash flow reaches $10,344/yr on $74,985 cash to close. Return on cash invested measures 33.7% in year one, and rental yield registers 12.8% at a $226,200 basis. Equity gained on principal adds $1,460/yr, and annual property appreciation at 5% supports $62,495 by year five. Five-year ROI tracks 177.75% and total cumulative return in cash totals $133,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,412/mo property income relative to a $1,107/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67025, Cheney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,188 (73.2%) |
| Renter Occupied HU | 319 (19.7%) |
| Vacant Housing Units | 115 ( 7.1%) |
| Median Home Value | $271,123 |
| Average Home Value | $299,548 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
86
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