305 Maple StWellsvilleKS66092
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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 Wellsville at 305 Maple St, Wellsville, KS, 66092 uses $70,444 cash to close to unlock $3,196/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,040/mo payment keeps the spread at $266/mo. Purchase price stands at $212,500, and rental yield measures 9.49% with $1,680/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $58,710 over five years. Five-year ROI reaches 127.84% and total cumulative return in cash records $90,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,040/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66092, Wellsville, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,346 (76.0%) |
| Renter Occupied HU | 343 (19.4%) |
| Vacant Housing Units | 81 ( 4.6%) |
| Median Home Value | $311,022 |
| Average Home Value | $326,473 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,521
Multi-Family
24
Businesses
85
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Listed by: EMILY FERGUSON • COUNTRYWIDE REALTY, INC
Mls Name: LBORMLS
Mls ID: #164240