518 B StSmith CenterKS66967
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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 518 B St, Smith Center, KS, 66967 with 5% annual appreciation on a $172,000 basis while $1,682/mo rent supports operations. Total monthly income totals $1,682/mo and a $842/mo payment preserves $538/mo for cash returns. Annual cash flow comes to $6,451/yr on $57,018 deployed, and return on cash invested reaches 31.22% in year one. Equity gained on principal adds $1,110/yr, and five-year appreciation sums $47,520 alongside rental yield of 11.73%. Five-year ROI measures 164.16% and total cumulative return in cash totals $93,601.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,682/mo property income versus a $842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
5,964 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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Listed by: Nick Rhodes • Wildlife Properties Land Company, LLC
Mls Name: My State MLS
Mls ID: #11434098