604 W Spring AveConway SpringsKS67031
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
Investment property for sale in Conway Springs at 604 W Spring Ave, Conway Springs, KS, 67031 at $205,000 posts ROI 20.75% with $48/mo cash flow from $1,411/mo rent. Total monthly income equals $1,411/mo, and annual cash flow records $570/yr on $67,958 to close. Return on cash invested measures 20.75% and rental yield reads 8.26% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 107.95% and total cumulative return in cash totals $73,362.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,411/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67031, Conway Springs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 580 (70.9%) |
| Renter Occupied HU | 163 (19.9%) |
| Vacant Housing Units | 75 ( 9.2%) |
| Median Home Value | $170,000 |
| Average Home Value | $195,164 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
60
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Nearby investment properties with comparable prices
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