419 Spruce StHalsteadKS67056
Nearby investment properties with comparable rents
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 Halstead at 419 Spruce St, Halstead, KS, 67056 priced at $319,900 converts $2,884/mo rent into $756/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,884/mo, and annual cash flow totals $9,066/yr on $106,047 invested. Return on cash invested prints 28.46% in year one, and rental yield reads 10.82% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 149.31% and total cumulative return in cash sums $158,336. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,884/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67056, Halstead, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,265 (100%) |
| Owner Occupied HU | 851 (67.3%) |
| Renter Occupied HU | 327 (25.8%) |
| Vacant Housing Units | 87 ( 6.9%) |
| Median Home Value | $191,047 |
| Average Home Value | $209,439 |
Housing Distribution
Address Breakdown
Residential
1,174
Single Family
1,102
Multi-Family
72
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices