516 Chase AveWakeeneyKS67672
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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 Wakeeney at 516 Chase Ave, Wakeeney, KS, 67672 with 5% annual appreciation on a $115,000 basis while $903/mo rent supports operations. Total monthly income totals $903/mo and a $563/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,653/yr on $38,123 deployed, and return on cash invested reaches 24.25% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.42%. Five-year ROI measures 126.72% and total cumulative return in cash totals $48,309.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $903/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67672, Wa Keeney, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 779 (64.8%) |
| Renter Occupied HU | 238 (19.8%) |
| Vacant Housing Units | 186 (15.5%) |
| Median Home Value | $126,677 |
| Average Home Value | $150,164 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
975
Multi-Family
60
Businesses
166
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