606 S Freeborn StMarionKS66861
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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 Marion at 606 S Freeborn St, Marion, KS, 66861 with 5% annual appreciation on a $140,000 basis while $1,102/mo rent supports operations. Total monthly income totals $1,102/mo and a $685/mo payment preserves $171/mo for cash returns. Annual cash flow comes to $2,050/yr on $46,410 deployed, and return on cash invested reaches 24.33% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 9.45%. Five-year ROI measures 127.16% and total cumulative return in cash totals $59,014.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,102/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66861, Marion, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,670 (100%) |
| Owner Occupied HU | 1,065 (63.8%) |
| Renter Occupied HU | 322 (19.3%) |
| Vacant Housing Units | 283 (16.9%) |
| Median Home Value | $133,131 |
| Average Home Value | $185,035 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,407
Multi-Family
34
Businesses
158
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