303 E Main StWatervilleKS66548
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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 Waterville at 303 E Main St, Waterville, KS, 66548 at $110,000 posts ROI 24.3% with $134/mo cash flow from $865/mo rent. Total monthly income equals $865/mo, and annual cash flow records $1,603/yr on $36,465 to close. Return on cash invested measures 24.3% and rental yield reads 9.44% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 127.09% and total cumulative return in cash totals $46,344.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $865/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66548, Waterville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 328 (73.2%) |
| Renter Occupied HU | 61 (13.6%) |
| Vacant Housing Units | 59 (13.2%) |
| Median Home Value | $112,121 |
| Average Home Value | $170,373 |
Housing Distribution
Address Breakdown
Residential
266
Single Family
266
Multi-Family
0
Businesses
28
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Listed by: Tammy Parker • Tammy Parker Realty
Mls Name: My State MLS
Mls ID: #11552188