502 W Cherry Oaks StCheneyKS67025
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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 Cheney at 502 W Cherry Oaks St, Cheney, KS, 67025 priced at $445,014 pairs $2,327/mo rent with after a $2,178/mo payment. Total monthly income equals $2,327/mo. Return on cash invested is 14.5% in year one, and rental yield stands at 6.27% on a $445,014 basis. Equity gained on principal adds $2,872/yr, and 5% annual appreciation accumulates to $122,949 by year five. Five-year ROI measures 74.56% and total cumulative return in cash reaches $109,992. For financing, Ziffy Mortgage’s DSCR program evaluates $2,327/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67025, Cheney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,188 (73.2%) |
| Renter Occupied HU | 319 (19.7%) |
| Vacant Housing Units | 115 ( 7.1%) |
| Median Home Value | $271,123 |
| Average Home Value | $299,548 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
86
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Listed by: Reuben Loyd • ERA Great American Realty
Mls Name: SCKMLS
Mls ID: #659808
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. 1993-2025 South Central Kansas Multiple Listing Service, Inc. All rights reserved.