500 N 3rd StArmaKS66712
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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 Arma at 500 N 3rd St, Arma, KS, 66712 generates $2,346/mo in rent and, after a $1,028/mo payment, leaves $949/mo in cash flow. Total monthly income is $2,346/mo, and annual cash flow is $11,385/yr on $69,615 invested. Return on cash invested sits at 36.26% in year one, and rental yield is 13.41% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 191.15% and total cumulative return in cash sums $133,072. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,346/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66712, Arma, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 620 (62.5%) |
| Renter Occupied HU | 269 (27.1%) |
| Vacant Housing Units | 103 (10.4%) |
| Median Home Value | $121,519 |
| Average Home Value | $152,310 |
Housing Distribution
Address Breakdown
Residential
644
Single Family
644
Multi-Family
0
Businesses
60
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