508 N Shoshone CtSatantaKS67870
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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
Investment property for sale in Satanta at 508 N Shoshone Ct, Satanta, KS, 67870 offers a 11.45% rental yield on a $279,900 purchase with $2,670/mo rent. Total monthly income registers $2,670/mo, and a $1,370/mo payment leaves $715/mo available for distribution. Annual cash flow reaches $8,583/yr on $92,787 to close, and return on cash invested stands at 29.16% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 153.51% and total cumulative return in cash at $142,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,670/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67870, Satanta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 622 (100%) |
| Owner Occupied HU | 370 (59.5%) |
| Renter Occupied HU | 155 (24.9%) |
| Vacant Housing Units | 97 (15.6%) |
| Median Home Value | $148,611 |
| Average Home Value | $178,655 |
Housing Distribution
Address Breakdown
Residential
133
Single Family
133
Multi-Family
0
Businesses
60
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Listed by: Janie Welsh • Sasnak Realty
Mls Name: GCMLS, GARD
Mls Provider:
Mls ID: #100210
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. Information is deemed reliable but not guaranteed.