410 S Lincoln AveColbyKS67701
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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 Colby at 410 S Lincoln Ave, Colby, KS, 67701 earns $161/mo cash flow from $949/mo rent with a $580/mo payment. Total monthly income totals $949/mo, and annual cash flow totals $1,928/yr on $39,283 capital. ROI tracks 24.82% on current figures, and rental yield reads 9.61% at a $118,500 purchase. Equity gained on principal adds $765/yr, and 5% annual appreciation supports $32,739 over five years. Five-year ROI reaches 129.81% and total cumulative return in cash sums $50,992. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $949/mo property income instead of your personal income.
Single Family
Built in 1929
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67701, Colby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 1,828 (60.6%) |
| Renter Occupied HU | 817 (27.1%) |
| Vacant Housing Units | 371 (12.3%) |
| Median Home Value | $188,189 |
| Average Home Value | $218,141 |
Housing Distribution
Address Breakdown
Residential
2,843
Single Family
2,755
Multi-Family
88
Businesses
602
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