314 N Lake StRileyKS66531
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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 Riley at 314 N Lake St, Riley, KS, 66531 earns from $0/mo rent with a $1,248/mo payment. Total monthly income totals $0/mo. ROI tracks -4.17% on current figures, and rental yield reads 0% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1967
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66531, Riley, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 423 (69.0%) |
| Renter Occupied HU | 100 (16.3%) |
| Vacant Housing Units | 90 (14.7%) |
| Median Home Value | $240,196 |
| Average Home Value | $303,922 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
489
Multi-Family
24
Businesses
39
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