314 Missouri AveSalinaKS67401
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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
Investment property for sale in Salina at 314 Missouri Ave, Salina, KS, 67401 offers a 9.49% rental yield on a $104,500 purchase with $826/mo rent. Total monthly income registers $826/mo, and a $511/mo payment leaves $131/mo available for distribution. Annual cash flow reaches $1,575/yr on $34,642 to close, and return on cash invested stands at 24.46% in year one. Equity gained on principal adds $674/yr while 5% annual appreciation supports $28,871 over five years. Portfolio math shows five-year ROI at 127.96% and total cumulative return in cash at $44,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $826/mo property income against a $511/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67401, Salina, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,465 (100%) |
| Owner Occupied HU | 13,141 (58.5%) |
| Renter Occupied HU | 7,464 (33.2%) |
| Vacant Housing Units | 1,860 ( 8.3%) |
| Median Home Value | $197,113 |
| Average Home Value | $229,727 |
Housing Distribution
Address Breakdown
Residential
22,087
Single Family
20,528
Multi-Family
1,559
Businesses
1,809
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