309 N Poplar StSolomonKS67480
Nearby investment properties with comparable rents
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 Solomon at 309 N Poplar St, Solomon, KS, 67480 at $128,700 posts ROI 22.47% with $91/mo cash flow from $972/mo rent. Total monthly income equals $972/mo, and annual cash flow records $1,092/yr on $42,664 to close. Return on cash invested measures 22.47% and rental yield reads 9.06% at the current $128,700. Equity gained on principal adds $830/yr, and 5% annual appreciation supports $35,557 by year five. Five-year ROI prints 117.55% and total cumulative return in cash totals $50,151.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $972/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67480, Solomon, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 717 (100%) |
| Owner Occupied HU | 524 (73.1%) |
| Renter Occupied HU | 134 (18.7%) |
| Vacant Housing Units | 59 ( 8.2%) |
| Median Home Value | $180,488 |
| Average Home Value | $229,461 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
604
Multi-Family
15
Businesses
38
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