308 N Tovar StMontezumaKS67867
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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
Investment property for sale in Montezuma at 308 N Tovar St, Montezuma, KS, 67867 earns from $1,178/mo rent with a $1,174/mo payment. Total monthly income totals $1,178/mo. ROI tracks 13.6% on current figures, and rental yield reads 5.89% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 69.69% and total cumulative return in cash sums $55,423. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,178/mo property income instead of your personal income.
Single Family
Built in 1922
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67867, Montezuma, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 415 (67.7%) |
| Renter Occupied HU | 144 (23.5%) |
| Vacant Housing Units | 54 ( 8.8%) |
| Median Home Value | $208,500 |
| Average Home Value | $235,916 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
85
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