403 N 7th StWathenaKS66090
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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 Wathena at 403 N 7th St, Wathena, KS, 66090 uses $43,078 cash to close to unlock $1,818/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,016/mo, and a $636/mo payment keeps the spread at $152/mo. Purchase price stands at $129,950, and rental yield measures 9.38% with $1,016/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $35,903 over five years. Five-year ROI reaches 126.13% and total cumulative return in cash records $54,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,016/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66090, Wathena, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,440 (100%) |
| Owner Occupied HU | 957 (66.5%) |
| Renter Occupied HU | 334 (23.2%) |
| Vacant Housing Units | 149 (10.3%) |
| Median Home Value | $121,486 |
| Average Home Value | $174,945 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
998
Multi-Family
1
Businesses
96
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