3030 Wildwood WayNorth NewtonKS67117
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3030 Wildwood Way, North Newton, KS, 67117 in North Newton is a solid income-producing rental, 9.21% gross yield, $2,065/mo rent, $276/mo net cash flow on a $269,000 buy. DSCR 1.71 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $74,320 and $2,478/yr in principal reduction project a total cumulative return of $120,301.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $276 | $200 |
City averages based on North Newton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,065 |
| Total Monthly Debt Service | $1,683 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67117, North Newton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 447 (58.7%) |
| Renter Occupied HU | 243 (31.9%) |
| Vacant Housing Units | 71 ( 9.3%) |
| Median Home Value | $243,310 |
| Average Home Value | $244,301 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
530
Multi-Family
127
Businesses
38
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
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67117, North Newton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 447 (58.7%) |
| Renter Occupied HU | 243 (31.9%) |
| Vacant Housing Units | 71 ( 9.3%) |
| Median Home Value | $243,310 |
| Average Home Value | $244,301 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
530
Multi-Family
127
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Basem Krichati • Superior Realty
Mls Name: SCKMLS
Mls ID: #666707