304 W Commercial 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 304 W Commercial St, Waterville, KS, 66548 uses $44,753 cash to close to unlock $1,903/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $1,057/mo, and a $661/mo payment keeps the spread at $159/mo. Purchase price stands at $135,000, and rental yield measures 9.4% with $1,057/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash records $56,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,057/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1929
0.30 Acres 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: Jessica Leis • Midwest Land and Home
Mls Name: My State MLS
Mls ID: #11509831