410 6th StWamegoKS66547
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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 Wamego at 410 6th St, Wamego, KS, 66547 offers a 8.44% rental yield on a $160,900 purchase with $1,132/mo rent. Total monthly income registers $1,132/mo, and a $788/mo payment leaves $61/mo available for distribution. Annual cash flow reaches $733/yr on $53,338 to close, and return on cash invested stands at 21.28% in year one. Equity gained on principal adds $1,038/yr while 5% annual appreciation supports $44,454 over five years. Portfolio math shows five-year ROI at 110.93% and total cumulative return in cash at $59,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,132/mo property income against a $788/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
8,712 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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