302 S Masche StSilver LakeKS66539
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 Silver Lake at 302 S Masche St, Silver Lake, KS, 66539 priced at $199,900 converts $1,591/mo rent into $262/mo cash flow after a $978/mo obligation. Total monthly income equals $1,591/mo, and annual cash flow totals $3,138/yr on $66,267 invested. Return on cash invested prints 24.64% in year one, and rental yield reads 9.55% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 128.88% and total cumulative return in cash sums $85,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,591/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66539, Silver Lake, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,179 (100%) |
| Owner Occupied HU | 891 (75.6%) |
| Renter Occupied HU | 231 (19.6%) |
| Vacant Housing Units | 57 ( 4.8%) |
| Median Home Value | $272,978 |
| Average Home Value | $300,320 |
Housing Distribution
Address Breakdown
Residential
985
Single Family
985
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chen Liang • KW One Legacy Partners, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #238180
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.