312 Spruce StJamestownKS66948
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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
Rental property for sale in Jamestown at 312 Spruce St, Jamestown, KS, 66948 generates $1,031/mo in rent and, after a $756/mo payment, leaves $3/mo in cash flow. Total monthly income is $1,031/mo, and annual cash flow is $40/yr on $51,217 invested. Return on cash invested sits at 19.99% in year one, and rental yield is 8.01% on a $154,500 entry. Equity gained on principal adds $997/yr, while 5% annual appreciation builds toward $42,686 over five years. Five-year ROI reaches 103.92% and total cumulative return in cash sums $53,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,031/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66948, Jamestown, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 143 (73.3%) |
| Renter Occupied HU | 21 (10.8%) |
| Vacant Housing Units | 31 (15.9%) |
| Median Home Value | $166,810 |
| Average Home Value | $222,902 |
Housing Distribution
Address Breakdown
Residential
180
Single Family
180
Multi-Family
0
Businesses
14
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