520 N Spruce StStocktonKS67669
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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
Rental property for sale in Stockton at 520 N Spruce St, Stockton, KS, 67669 priced at $199,500 converts $1,020/mo rent into after a $976/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 14.34% in year one, and rental yield reads 6.14% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 73.66% and total cumulative return in cash sums $48,715. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67669, Stockton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 965 (100%) |
| Owner Occupied HU | 580 (60.1%) |
| Renter Occupied HU | 191 (19.8%) |
| Vacant Housing Units | 194 (20.1%) |
| Median Home Value | $87,879 |
| Average Home Value | $145,776 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
720
Multi-Family
40
Businesses
121
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