309 W Wilberforce StNortonKS67654
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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 Norton at 309 W Wilberforce St, Norton, KS, 67654 priced at $197,000 pairs $1,613/mo rent with $303/mo cash flow after a $964/mo payment. Total monthly income equals $1,613/mo, and annual cash flow comes to $3,631/yr on $65,306 invested. Return on cash invested is 25.47% in year one, and rental yield stands at 9.83% on a $197,000 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,427 by year five. Five-year ROI measures 133.28% and total cumulative return in cash reaches $87,038. For financing, Ziffy Mortgage’s DSCR program evaluates $1,613/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67654, Norton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,801 (100%) |
| Owner Occupied HU | 1,099 (61.0%) |
| Renter Occupied HU | 419 (23.3%) |
| Vacant Housing Units | 283 (15.7%) |
| Median Home Value | $135,482 |
| Average Home Value | $169,916 |
Housing Distribution
Address Breakdown
Residential
1,582
Single Family
1,556
Multi-Family
26
Businesses
233
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