323 S 3rd 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 323 S 3rd St, Towanda, KS, 67144 generates $1,181/mo in rent and, after a $587/mo payment, leaves $383/mo in cash flow. Total monthly income is $1,181/mo, and annual cash flow is $4,598/yr on $39,747 invested. Return on cash invested sits at 31.48% in year one, and rental yield is 11.82% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 165.57% and total cumulative return in cash sums $65,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,181/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
0.26 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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