308 24th StWilsonKS67490
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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 Wilson at 308 24th St, Wilson, KS, 67490 generates $971/mo in rent and, after a $612/mo payment, leaves $139/mo in cash flow. Total monthly income is $971/mo, and annual cash flow is $1,670/yr on $41,438 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 9.32% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 125.17% and total cumulative return in cash sums $51,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $971/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67490, Wilson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 309 (61.1%) |
| Renter Occupied HU | 84 (16.6%) |
| Vacant Housing Units | 113 (22.3%) |
| Median Home Value | $98,548 |
| Average Home Value | $150,728 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
210
Multi-Family
0
Businesses
45
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