317 W Court StSmith CenterKS66967
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 Smith Center at 317 W Court St, Smith Center, KS, 66967 offers a 15.91% rental yield on a $140,110 purchase with $1,858/mo rent. Total monthly income registers $1,858/mo, and a $686/mo payment leaves $770/mo available for distribution. Annual cash flow reaches $9,241/yr on $46,446 to close, and return on cash invested stands at 39.81% in year one. Equity gained on principal adds $904/yr while 5% annual appreciation supports $38,710 over five years. Portfolio math shows five-year ROI at 211.7% and total cumulative return in cash at $98,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,858/mo property income against a $686/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,309 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66967, Smith Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 693 (63.9%) |
| Renter Occupied HU | 190 (17.5%) |
| Vacant Housing Units | 201 (18.5%) |
| Median Home Value | $108,494 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
879
Multi-Family
70
Businesses
158
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Nearby investment properties with comparable prices
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