526 N Duncan StNewtonKS67114
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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 Newton at 526 N Duncan St, Newton, KS, 67114 uses $79,063 cash to close to unlock $8,996/yr annual cash flow and $750/mo monthly cash flow. Total monthly income runs $2,336/mo, and a $1,167/mo payment keeps the spread at $750/mo. Purchase price stands at $238,500, and rental yield measures 11.75% with $2,336/mo rent. Return on cash invested shows 31.29% in year one, and 5% annual appreciation builds toward $65,893 over five years. Five-year ROI reaches 164.48% and total cumulative return in cash records $130,043. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,336/mo property income covering a $1,167/mo payment rather than investor’s personal income.
Single Family
Built in 1924
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67114, Newton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,484 (100%) |
| Owner Occupied HU | 5,752 (60.6%) |
| Renter Occupied HU | 2,808 (29.6%) |
| Vacant Housing Units | 924 ( 9.7%) |
| Median Home Value | $173,253 |
| Average Home Value | $211,330 |
Housing Distribution
Address Breakdown
Residential
8,971
Single Family
8,686
Multi-Family
285
Businesses
765
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