505 Meridian RdMiltonvaleKS67466
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 Miltonvale at 505 Meridian Rd, Miltonvale, KS, 67466 priced at $387,500 pairs $2,956/mo rent with $378/mo cash flow after a $1,897/mo payment. Total monthly income equals $2,956/mo, and annual cash flow comes to $4,532/yr on $128,456 invested. Return on cash invested is 23.44% in year one, and rental yield stands at 9.15% on a $387,500 basis. Equity gained on principal adds $2,500/yr, and 5% annual appreciation accumulates to $107,059 by year five. Five-year ROI measures 122.37% and total cumulative return in cash reaches $157,191. For financing, Ziffy Mortgage’s DSCR program evaluates $2,956/mo property income against a $1,897/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
2.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67466, Miltonvale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 218 (60.1%) |
| Renter Occupied HU | 50 (13.8%) |
| Vacant Housing Units | 95 (26.2%) |
| Median Home Value | $175,000 |
| Average Home Value | $238,578 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
21
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Listed by: Brice Bowers • Bowers Land And Home Realty LLC
Mls Name: My State MLS
Mls ID: #11563241