404 Vine StWamegoKS66547
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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 Wamego at 404 Vine St, Wamego, KS, 66547 priced at $172,600 pairs $1,952/mo rent with $804/mo cash flow after a $845/mo payment. Total monthly income equals $1,952/mo, and annual cash flow comes to $9,642/yr on $57,217 invested. Return on cash invested is 36.76% in year one, and rental yield stands at 13.57% on a $172,600 basis. Equity gained on principal adds $1,114/yr, and 5% annual appreciation accumulates to $47,686 by year five. Five-year ROI measures 193.85% and total cumulative return in cash reaches $110,913. For financing, Ziffy Mortgage’s DSCR program evaluates $1,952/mo property income against a $845/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66547, Wamego, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,692 (100%) |
| Owner Occupied HU | 2,594 (70.3%) |
| Renter Occupied HU | 899 (24.3%) |
| Vacant Housing Units | 199 ( 5.4%) |
| Median Home Value | $237,823 |
| Average Home Value | $259,343 |
Housing Distribution
Address Breakdown
Residential
3,458
Single Family
3,410
Multi-Family
48
Businesses
262
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