308 E 2nd StTonganoxieKS66086
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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 Tonganoxie at 308 E 2nd St, Tonganoxie, KS, 66086 earns $1/mo cash flow from $1,530/mo rent with a $1,125/mo payment. Total monthly income totals $1,530/mo, and annual cash flow totals $8/yr on $76,228 capital. ROI tracks 19.92% on current figures, and rental yield reads 7.98% at a $229,950 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,531 over five years. Five-year ROI reaches 103.52% and total cumulative return in cash sums $78,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,530/mo property income instead of your personal income.
Single Family
Built in 1884
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66086, Tonganoxie, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,546 (100%) |
| Owner Occupied HU | 3,554 (78.2%) |
| Renter Occupied HU | 802 (17.6%) |
| Vacant Housing Units | 190 ( 4.2%) |
| Median Home Value | $322,334 |
| Average Home Value | $372,297 |
Housing Distribution
Address Breakdown
Residential
4,221
Single Family
4,173
Multi-Family
48
Businesses
203
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Listed by: Dan Lynch • Lynch Real Estate
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2597619