305 Main StDamarKS67632
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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 Damar at 305 Main St, Damar, KS, 67632 with 5% annual appreciation on a $150,000 basis while $1,206/mo rent supports operations. Total monthly income totals $1,206/mo and a $734/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,499/yr on $49,725 deployed, and return on cash invested reaches 24.93% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.65%. Five-year ROI measures 130.47% and total cumulative return in cash totals $64,878.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,206/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67632, Damar, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 108 (100%) |
| Owner Occupied HU | 59 (54.6%) |
| Renter Occupied HU | 14 (13.0%) |
| Vacant Housing Units | 35 (32.4%) |
| Median Home Value | $114,063 |
| Average Home Value | $179,703 |
Housing Distribution
Address Breakdown
Residential
47
Single Family
47
Multi-Family
0
Businesses
7
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