317 Bluestem StNewtonKS67117
Nearby investment properties with comparable rents
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
Investment property for sale in Newton at 317 Bluestem St, Newton, KS, 67117 with 5% annual appreciation on a $560,000 basis while $2,780/mo rent supports operations. 9% in year one. Equity gained on principal adds $3,614/yr, and five-year appreciation sums $154,718 alongside rental yield of 5.96%. Five-year ROI measures 71.21% and total cumulative return in cash totals $131,201. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,780/mo property income versus a $2,741/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67117, North Newton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 447 (58.7%) |
| Renter Occupied HU | 243 (31.9%) |
| Vacant Housing Units | 71 ( 9.3%) |
| Median Home Value | $243,310 |
| Average Home Value | $244,301 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
530
Multi-Family
127
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices