501 Division StDownsKS67437
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 Downs at 501 Division St, Downs, KS, 67437 offers $1,049/mo rent that, after a $661/mo payment, leaves $151/mo cash flow. Total monthly income is $1,049/mo, and annual cash flow is $1,807/yr on $44,753 cash. Return on cash invested measures 23.95% in year one, and rental yield stands at 9.32% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 125.17% and total cumulative return in cash reaches $56,017. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,049/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67437, Downs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 363 (59.8%) |
| Renter Occupied HU | 123 (20.3%) |
| Vacant Housing Units | 121 (19.9%) |
| Median Home Value | $113,149 |
| Average Home Value | $145,944 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
62
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