308 R StAtchisonKS66002
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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
Rental property for sale in Atchison at 308 R St, Atchison, KS, 66002 offers $2,389/mo rent that, after a $862/mo payment, leaves $1,165/mo cash flow. Total monthly income is $2,389/mo, and annual cash flow is $13,981/yr on $58,410 cash. Return on cash invested measures 43.84% in year one, and rental yield stands at 16.27% at a $176,200 entry. Equity gained on principal adds $1,137/yr while 5% annual appreciation compounds into $48,681 by year five. Five-year ROI records 232.27% and total cumulative return in cash reaches $135,672. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,389/mo property income versus a $862/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66002, Atchison, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,492 (100%) |
| Owner Occupied HU | 3,158 (57.5%) |
| Renter Occupied HU | 1,796 (32.7%) |
| Vacant Housing Units | 538 ( 9.8%) |
| Median Home Value | $166,910 |
| Average Home Value | $202,031 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
4,939
Multi-Family
414
Businesses
498
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