323 S 7th StPhillipsburgKS67661
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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 Phillipsburg at 323 S 7th St, Phillipsburg, KS, 67661 with 5% annual appreciation on a $184,000 basis while $1,834/mo rent supports operations. Total monthly income totals $1,834/mo and a $901/mo payment preserves $609/mo for cash returns. Annual cash flow comes to $7,314/yr on $60,996 deployed, and return on cash invested reaches 31.9% in year one. Equity gained on principal adds $1,187/yr, and five-year appreciation sums $50,836 alongside rental yield of 11.96%. Five-year ROI measures 167.8% and total cumulative return in cash totals $102,349.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,834/mo property income versus a $901/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
7,913 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67661, Phillipsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,010 (60.3%) |
| Renter Occupied HU | 367 (21.9%) |
| Vacant Housing Units | 299 (17.8%) |
| Median Home Value | $104,703 |
| Average Home Value | $155,842 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,421
Multi-Family
3
Businesses
221
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Listed by: Jessica Hindman • 4C Land & Auction, LLC
Mls Name: My State MLS
Mls ID: #11500089