510 SW Walnut StCherryvaleKS67335
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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 Cherryvale at 510 SW Walnut St, Cherryvale, KS, 67335 generates $1,080/mo in rent and, after a $783/mo payment, leaves $16/mo in cash flow. Total monthly income is $1,080/mo, and annual cash flow is $188/yr on $53,040 invested. Return on cash invested sits at 20.26% in year one, and rental yield is 8.1% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 105.36% and total cumulative return in cash sums $55,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67335, Cherryvale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,072 (65.4%) |
| Renter Occupied HU | 343 (20.9%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $123,281 |
| Average Home Value | $179,564 |
Housing Distribution
Address Breakdown
Residential
1,429
Single Family
1,429
Multi-Family
0
Businesses
99
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Listed by: Kristina Fulk • L2 Realty, Inc - Land and Lifestyle Properties
Mls Name: REALSTACK
Mls ID: #83542