381 Thoman DrSylvan GroveKS67481
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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 Sylvan Grove at 381 Thoman Dr, Sylvan Grove, KS, 67481 generates $1,195/mo in rent and, after a $856/mo payment, leaves $31/mo in cash flow. Total monthly income is $1,195/mo, and annual cash flow is $378/yr on $57,979 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 8.2% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 106.98% and total cumulative return in cash sums $62,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,195/mo property income rather than buyer’s personal income.
Lot
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67481, Sylvan Grove, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 266 (63.2%) |
| Renter Occupied HU | 69 (16.4%) |
| Vacant Housing Units | 86 (20.4%) |
| Median Home Value | $205,063 |
| Average Home Value | $187,885 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
283
Multi-Family
0
Businesses
30
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Listed by: Jason Staab • Landmark Realty, LLC
Mls Name: HAYS
Mls Provider:
Mls ID: #203102
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.