305 W Cherokee StSedanKS67361
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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
Rental property for sale in Sedan at 305 W Cherokee St, Sedan, KS, 67361 generates $1,116/mo in rent and, after a $685/mo payment, leaves $185/mo in cash flow. Total monthly income is $1,116/mo, and annual cash flow is $2,218/yr on $46,410 invested. Return on cash invested sits at 24.69% in year one, and rental yield is 9.57% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 129.07% and total cumulative return in cash sums $59,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,116/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67361, Sedan, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 563 (55.2%) |
| Renter Occupied HU | 173 (17.0%) |
| Vacant Housing Units | 284 (27.8%) |
| Median Home Value | $70,484 |
| Average Home Value | $142,909 |
Housing Distribution
Address Breakdown
Residential
782
Single Family
782
Multi-Family
0
Businesses
113
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