606 Oak StWamegoKS66547
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 Wamego at 606 Oak St, Wamego, KS, 66547 at $135,000 posts ROI 26.39% with $242/mo cash flow from $1,140/mo rent. Total monthly income equals $1,140/mo, and annual cash flow records $2,899/yr on $44,753 to close. Return on cash invested measures 26.39% and rental yield reads 10.13% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 138.23% and total cumulative return in cash totals $61,861.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
8,276 sqft 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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