424 W Main StCherryvaleKS67335
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 Cherryvale at 424 W Main St, Cherryvale, KS, 67335 priced at $100,000 pairs $786/mo rent with $121/mo cash flow after a $489/mo payment. Total monthly income equals $786/mo, and annual cash flow comes to $1,454/yr on $33,150 invested. Return on cash invested is 24.3% in year one, and rental yield stands at 9.43% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 127.11% and total cumulative return in cash reaches $42,136. For financing, Ziffy Mortgage’s DSCR program evaluates $786/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67335, Cherryvale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,072 (65.4%) |
| Renter Occupied HU | 343 (20.9%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $123,281 |
| Average Home Value | $179,564 |
Housing Distribution
Address Breakdown
Residential
1,429
Single Family
1,429
Multi-Family
0
Businesses
99
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Listed by: Stephanie Reitemeier • Golden Oak Real Estate LLC
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2571129