344 N Sugar StKingmanKS67068
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
Rental property for sale in Kingman at 344 N Sugar St, Kingman, KS, 67068 offers $1,582/mo rent that, after a $929/mo payment, leaves $319/mo cash flow. Total monthly income is $1,582/mo, and annual cash flow is $3,829/yr on $62,952 cash. Return on cash invested measures 25.99% in year one, and rental yield stands at 10% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 136.13% and total cumulative return in cash reaches $85,697. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,582/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67068, Kingman, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,261 (60.0%) |
| Renter Occupied HU | 558 (26.6%) |
| Vacant Housing Units | 282 (13.4%) |
| Median Home Value | $94,773 |
| Average Home Value | $150,357 |
Housing Distribution
Address Breakdown
Residential
1,769
Single Family
1,769
Multi-Family
0
Businesses
219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices