409 S Madore StSilver LakeKS66539
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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 Silver Lake at 409 S Madore St, Silver Lake, KS, 66539 offers a 0% rental yield on a $172,000 purchase with $0/mo rent. 18% in year one. Equity gained on principal adds $1,110/yr while 5% annual appreciation supports $47,520 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66539, Silver Lake, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,179 (100%) |
| Owner Occupied HU | 891 (75.6%) |
| Renter Occupied HU | 231 (19.6%) |
| Vacant Housing Units | 57 ( 4.8%) |
| Median Home Value | $272,978 |
| Average Home Value | $300,320 |
Housing Distribution
Address Breakdown
Residential
985
Single Family
985
Multi-Family
0
Businesses
60
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No similar rental properties found nearby.
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Listed by: Chen Liang • KW One Legacy Partners, LLC
Mls Name: Sunflower AOR
Mls Provider:
Mls ID: #240049
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.