521 S Spruce StGreensburgKS67054
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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 Greensburg at 521 S Spruce St, Greensburg, KS, 67054 offers $1,265/mo rent that, after a $778/mo payment, leaves $207/mo cash flow. Total monthly income is $1,265/mo, and annual cash flow is $2,489/yr on $52,709 cash. Return on cash invested measures 24.63% in year one, and rental yield stands at 9.55% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 128.84% and total cumulative return in cash reaches $67,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,265/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67054, Greensburg, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 283 (54.6%) |
| Renter Occupied HU | 146 (28.2%) |
| Vacant Housing Units | 89 (17.2%) |
| Median Home Value | $211,066 |
| Average Home Value | $214,161 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
106
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Listed by: Starla Elliott • CENTURY 21 GRIGSBY REALTY
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #52660
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.