502 W Broadway AveAugustaKS67010
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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 Augusta at 502 W Broadway Ave, Augusta, KS, 67010 priced at $229,000 pairs $1,551/mo rent with after a $1,121/mo payment. Total monthly income equals $1,551/mo. Return on cash invested is 19.74% in year one, and rental yield stands at 8.13% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 102.8% and total cumulative return in cash reaches $78,041. For financing, Ziffy Mortgage’s DSCR program evaluates $1,551/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67010, Augusta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,056 (100%) |
| Owner Occupied HU | 4,015 (66.3%) |
| Renter Occupied HU | 1,463 (24.2%) |
| Vacant Housing Units | 578 ( 9.5%) |
| Median Home Value | $234,766 |
| Average Home Value | $276,012 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,328
Multi-Family
208
Businesses
380
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Nearby investment properties with comparable prices
Listed by: Joel Dolloff • At Home Wichita Real Estate
Mls Name: SCKMLS
Mls ID: #644362
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. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. 1993-2024 South Central Kansas Multiple Listing Service, Inc. All rights reserved.