607 W Alma StSaint MarysKS66536
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
Rental property for sale in Saint Marys at 607 W Alma St, Saint Marys, KS, 66536 offers $870/mo rent that, after a $1,322/mo payment. Total monthly income is $870/mo. Return on cash invested measures 7.48% in year one, and rental yield stands at 3.87% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 36.86% and total cumulative return in cash reaches $32,989. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $870/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66536, Saint Marys, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,339 (100%) |
| Owner Occupied HU | 911 (68.0%) |
| Renter Occupied HU | 323 (24.1%) |
| Vacant Housing Units | 105 ( 7.8%) |
| Median Home Value | $217,222 |
| Average Home Value | $244,300 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,230
Multi-Family
0
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Clancy • Pearl Real Estate & Appraisal
Mls Name: Sunflower AOR
Mls ID: #242625