305 Superior StPlainsKS67869
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
Rental property for sale in Plains at 305 Superior St, Plains, KS, 67869 priced at $131,700 converts $1,168/mo rent into $291/mo cash flow after a $645/mo obligation. Total monthly income equals $1,168/mo, and annual cash flow totals $3,497/yr on $43,659 invested. Return on cash invested prints 27.92% in year one, and rental yield reads 10.64% against a $131,700 entry. Equity gained on principal adds $850/yr, while 5% annual appreciation compiles into $36,386 by year five. Five-year ROI reaches 146.46% and total cumulative return in cash sums $63,944. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,168/mo property income covering a $645/mo payment, not borrower’s personal income.
Single Family
Built in 1922
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67869, Plains, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 604 (100%) |
| Owner Occupied HU | 379 (62.7%) |
| Renter Occupied HU | 132 (21.9%) |
| Vacant Housing Units | 93 (15.4%) |
| Median Home Value | $163,368 |
| Average Home Value | $203,015 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
109
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices