609 Delaware StDownsKS67437
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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 Downs at 609 Delaware St, Downs, KS, 67437 uses $53,040 cash to close to unlock $3,560/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $1,361/mo, and a $783/mo payment keeps the spread at $297/mo. Purchase price stands at $160,000, and rental yield measures 10.21% with $1,361/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 139.48% and total cumulative return in cash records $73,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,361/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67437, Downs, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 607 (100%) |
| Owner Occupied HU | 363 (59.8%) |
| Renter Occupied HU | 123 (20.3%) |
| Vacant Housing Units | 121 (19.9%) |
| Median Home Value | $113,149 |
| Average Home Value | $145,944 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
62
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