316 N 9th StTowandaKS67144
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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 Towanda at 316 N 9th St, Towanda, KS, 67144 priced at $172,500 pairs $1,310/mo rent with $163/mo cash flow after a $844/mo payment. Total monthly income equals $1,310/mo, and annual cash flow comes to $1,952/yr on $57,184 invested. Return on cash invested is 23.32% in year one, and rental yield stands at 9.11% on a $172,500 basis. Equity gained on principal adds $1,113/yr, and 5% annual appreciation accumulates to $47,659 by year five. Five-year ROI measures 121.76% and total cumulative return in cash reaches $69,626. For financing, Ziffy Mortgage’s DSCR program evaluates $1,310/mo property income against a $844/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67144, Towanda, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,177 (100%) |
| Owner Occupied HU | 901 (76.6%) |
| Renter Occupied HU | 169 (14.4%) |
| Vacant Housing Units | 107 ( 9.1%) |
| Median Home Value | $235,680 |
| Average Home Value | $266,287 |
Housing Distribution
Address Breakdown
Residential
880
Single Family
880
Multi-Family
0
Businesses
46
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