515 E Wahoo StDerbyKS67037
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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 Derby at 515 E Wahoo St, Derby, KS, 67037 listed at $294,900 pairs $2,260/mo rent with a $1,443/mo payment to leave $298/mo cash flow. Total monthly income runs $2,260/mo, and annual cash flow reaches $3,582/yr on $97,759 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 9.2% at a $294,900 basis. Equity gained on principal adds $1,903/yr, and annual property appreciation at 5% supports $81,475 by year five. Five-year ROI tracks 123.11% and total cumulative return in cash totals $120,355. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,260/mo property income relative to a $1,443/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67037, Derby, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,872 (100%) |
| Owner Occupied HU | 8,472 (65.8%) |
| Renter Occupied HU | 3,554 (27.6%) |
| Vacant Housing Units | 846 ( 6.6%) |
| Median Home Value | $268,132 |
| Average Home Value | $302,133 |
Housing Distribution
Address Breakdown
Residential
12,270
Single Family
10,678
Multi-Family
1,592
Businesses
774
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