611 N 1st StCimarronKS67835
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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 Cimarron at 611 N 1st St, Cimarron, KS, 67835 offers a 4.38% rental yield on a $165,000 purchase with $602/mo rent. 02% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 45.08% and total cumulative return in cash at $24,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $602/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67835, Cimarron, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 801 (66.4%) |
| Renter Occupied HU | 271 (22.5%) |
| Vacant Housing Units | 134 (11.1%) |
| Median Home Value | $205,864 |
| Average Home Value | $236,529 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
146
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Listed by: Team Dewey • Coldwell Banker Executive Realty
Mls Name: Western Kansas AOR
Mls Provider:
Mls ID: #205016
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.