504 N Scott DrWestmorelandKS66549
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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 Westmoreland at 504 N Scott Dr, Westmoreland, KS, 66549 generates $548/mo in rent, after a $937/mo payment. Total monthly income is $548/mo. Return on cash invested sits at 6.19% in year one, and rental yield is 3.44% on a $191,400 entry. Equity gained on principal adds $1,235/yr, while 5% annual appreciation builds toward $52,880 over five years. Five-year ROI reaches 29.91% and total cumulative return in cash sums $18,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $548/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66549, Westmoreland, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 509 (68.7%) |
| Renter Occupied HU | 134 (18.1%) |
| Vacant Housing Units | 98 (13.2%) |
| Median Home Value | $264,041 |
| Average Home Value | $310,864 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
486
Multi-Family
9
Businesses
52
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Listed by: Marlene Irvine • Irvine Real Estate Inc.
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20242563
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.