515 S Bridge StEnterpriseKS67441
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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 Enterprise at 515 S Bridge St, Enterprise, KS, 67441 uses $75,914 cash to close to unlock $3,802/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $1,121/mo payment keeps the spread at $317/mo. Purchase price stands at $229,000, and rental yield measures 9.81% with $1,872/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash records $99,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1905
0.52 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: Penny Mcdonald • Reynolds Real Estate and Auctions Co.
Mls Name: My State MLS
Mls ID: #11459360