601 N 2nd StColwichKS67030
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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 Colwich at 601 N 2nd St, Colwich, KS, 67030 uses $75,284 cash to close to unlock $11,503/yr annual cash flow and $959/mo monthly cash flow. Total monthly income runs $2,492/mo, and a $1,112/mo payment keeps the spread at $959/mo. Purchase price stands at $227,100, and rental yield measures 13.17% with $2,492/mo rent. Return on cash invested shows 35.19% in year one, and 5% annual appreciation builds toward $62,744 over five years. Five-year ROI reaches 185.53% and total cumulative return in cash records $139,676. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,492/mo property income covering a $1,112/mo payment rather than investor’s personal income.
Single Family
Built in 2003
10,019 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67030, Colwich, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,032 (100%) |
| Owner Occupied HU | 814 (78.9%) |
| Renter Occupied HU | 177 (17.2%) |
| Vacant Housing Units | 41 ( 4.0%) |
| Median Home Value | $329,358 |
| Average Home Value | $355,307 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
65
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