607 E Vine StMeadeKS67864
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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
Rental property for sale in Meade at 607 E Vine St, Meade, KS, 67864 offers $1,639/mo rent that, after a $1,223/mo payment. Total monthly income is $1,639/mo. Return on cash invested measures 19.57% in year one, and rental yield stands at 7.87% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 101.65% and total cumulative return in cash reaches $84,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,639/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67864, Meade, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 553 (58.5%) |
| Renter Occupied HU | 231 (24.4%) |
| Vacant Housing Units | 161 (17.0%) |
| Median Home Value | $140,962 |
| Average Home Value | $193,151 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
101
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Listed by: Toni Green • Fresh Move Realty, Inc
Mls Name: GCMLS, GARD
Mls Provider:
Mls ID: #100327
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.