605 Birch StWakefieldKS67487
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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 Wakefield at 605 Birch St, Wakefield, KS, 67487 offers a 8.12% rental yield on a $274,900 purchase with $1,861/mo rent. Total monthly income registers $1,861/mo, and a $1,346/mo payment leaves $33/mo available for distribution. Annual cash flow reaches $392/yr on $91,129 to close, and return on cash invested stands at 20.34% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 105.77% and total cumulative return in cash at $96,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,861/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67487, Wakefield, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 609 (100%) |
| Owner Occupied HU | 419 (68.8%) |
| Renter Occupied HU | 109 (17.9%) |
| Vacant Housing Units | 81 (13.3%) |
| Median Home Value | $172,019 |
| Average Home Value | $205,632 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
37
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Listed by: Sally Tran • Homefront Real Estate Group
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20250824
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.