5653 Colton CirWamegoKS66547
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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 Wamego at 5653 Colton Cir, Wamego, KS, 66547 uses $83,505 cash to close to unlock $1,297/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,784/mo, and a $1,233/mo payment keeps the spread at $108/mo. Purchase price stands at $251,900, and rental yield measures 8.5% with $1,784/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $69,595 over five years. Five-year ROI reaches 111.82% and total cumulative return in cash records $93,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,784/mo property income covering a $1,233/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66547, Wamego, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,692 (100%) |
| Owner Occupied HU | 2,594 (70.3%) |
| Renter Occupied HU | 899 (24.3%) |
| Vacant Housing Units | 199 ( 5.4%) |
| Median Home Value | $237,823 |
| Average Home Value | $259,343 |
Housing Distribution
Address Breakdown
Residential
3,458
Single Family
3,410
Multi-Family
48
Businesses
262
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