305 Limestone StWathenaKS66090
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
Investment property for sale in Wathena at 305 Limestone St, Wathena, KS, 66090 offers a 9.46% rental yield on a $175,000 purchase with $1,380/mo rent. Total monthly income registers $1,380/mo, and a $857/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,583/yr on $58,013 to close, and return on cash invested stands at 24.36% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 127.39% and total cumulative return in cash at $73,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66090, Wathena, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,440 (100%) |
| Owner Occupied HU | 957 (66.5%) |
| Renter Occupied HU | 334 (23.2%) |
| Vacant Housing Units | 149 (10.3%) |
| Median Home Value | $121,486 |
| Average Home Value | $174,945 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
998
Multi-Family
1
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices