530 W 1st StKinsleyKS67547
Nearby investment properties with comparable rents
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
Rental property for sale in Kinsley at 530 W 1st St, Kinsley, KS, 67547 offers $1,424/mo rent that, after a $929/mo payment, leaves $161/mo cash flow. Total monthly income is $1,424/mo, and annual cash flow is $1,933/yr on $62,952 cash. Return on cash invested measures 22.98% in year one, and rental yield stands at 9% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 119.99% and total cumulative return in cash reaches $75,533. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,424/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67547, Kinsley, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 964 (100%) |
| Owner Occupied HU | 569 (59.0%) |
| Renter Occupied HU | 186 (19.3%) |
| Vacant Housing Units | 209 (21.7%) |
| Median Home Value | $67,411 |
| Average Home Value | $105,242 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
816
Multi-Family
29
Businesses
116
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