423 N Webb StMeadeKS67864
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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
Rental property for sale in Meade at 423 N Webb St, Meade, KS, 67864 priced at $108,900 converts $1,006/mo rent into $282/mo cash flow after a $533/mo obligation. Total monthly income equals $1,006/mo, and annual cash flow totals $3,378/yr on $36,100 invested. Return on cash invested prints 29.27% in year one, and rental yield reads 11.09% against a $108,900 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation compiles into $30,087 by year five. Five-year ROI reaches 153.68% and total cumulative return in cash sums $55,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,006/mo property income covering a $533/mo payment, not borrower’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67864, Meade, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 553 (58.5%) |
| Renter Occupied HU | 231 (24.4%) |
| Vacant Housing Units | 161 (17.0%) |
| Median Home Value | $140,962 |
| Average Home Value | $193,151 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
101
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