516 N 8th StNeodeshaKS66757
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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 Neodesha at 516 N 8th St, Neodesha, KS, 66757 earns from $0/mo rent with a $661/mo payment. Total monthly income totals $0/mo. ROI tracks -4.18% on current figures, and rental yield reads 0% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1920
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66757, Neodesha, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 916 (56.5%) |
| Renter Occupied HU | 442 (27.3%) |
| Vacant Housing Units | 263 (16.2%) |
| Median Home Value | $113,636 |
| Average Home Value | $156,174 |
Housing Distribution
Address Breakdown
Residential
1,394
Single Family
1,387
Multi-Family
7
Businesses
142
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