467 5th StPhillipsburgKS67661
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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 Phillipsburg at 467 5th St, Phillipsburg, KS, 67661 priced at $142,000 converts $0/mo rent into after a $695/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -6.05% in year one, and rental yield reads 0% against a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation compiles into $39,232 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $695/mo payment, not borrower’s personal income.
Single Family
Built in 1901
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67661, Phillipsburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,010 (60.3%) |
| Renter Occupied HU | 367 (21.9%) |
| Vacant Housing Units | 299 (17.8%) |
| Median Home Value | $104,703 |
| Average Home Value | $155,842 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,421
Multi-Family
3
Businesses
221
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Myrietta S Leach • Keller Williams Realty Signature Partners, LLC
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #204352
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.