507 E 1st StEnterpriseKS67441
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
Investment property for sale in Enterprise at 507 E 1st St, Enterprise, KS, 67441 offers a 11.87% rental yield on a $180,000 purchase with $1,781/mo rent. Total monthly income registers $1,781/mo, and a $881/mo payment leaves $584/mo available for distribution. Annual cash flow reaches $7,002/yr on $59,670 to close, and return on cash invested stands at 31.64% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 166.42% and total cumulative return in cash at $99,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,781/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67441, Enterprise, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 458 (100%) |
| Owner Occupied HU | 317 (69.2%) |
| Renter Occupied HU | 75 (16.4%) |
| Vacant Housing Units | 66 (14.4%) |
| Median Home Value | $111,990 |
| Average Home Value | $154,282 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
20
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Listed by: Erin Burch • NextHome Unlimited
Mls Name: FHARMLS
Mls ID: #20252836