515 N Main StSmith CenterKS66967
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 Smith Center at 515 N Main St, Smith Center, KS, 66967 at $172,500 posts ROI 27.02% with $339/mo cash flow from $1,486/mo rent. Total monthly income equals $1,486/mo, and annual cash flow records $4,064/yr on $57,184 to close. Return on cash invested measures 27.02% and rental yield reads 10.34% at the current $172,500. Equity gained on principal adds $1,113/yr, and 5% annual appreciation supports $47,659 by year five. Five-year ROI prints 141.59% and total cumulative return in cash totals $80,966.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,486/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66967, Smith Center, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 693 (63.9%) |
| Renter Occupied HU | 190 (17.5%) |
| Vacant Housing Units | 201 (18.5%) |
| Median Home Value | $108,494 |
| Average Home Value | $135,191 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
879
Multi-Family
70
Businesses
158
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Nearby investment properties with comparable prices
Listed by: Nick Rhodes • Wildlife Properties Land Company, LLC
Mls Name: My State MLS
Mls ID: #11450853