615 Spruce StWamegoKS66547
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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 Wamego at 615 Spruce St, Wamego, KS, 66547 earns $499/mo cash flow from $1,860/mo rent with a $1,001/mo payment. Total monthly income totals $1,860/mo, and annual cash flow totals $5,991/yr on $67,825 capital. ROI tracks 28.74% on current figures, and rental yield reads 10.91% at a $204,600 purchase. Equity gained on principal adds $1,320/yr, and 5% annual appreciation supports $56,527 over five years. Five-year ROI reaches 150.85% and total cumulative return in cash sums $102,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 1887
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 66547, Wamego, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,692 (100%) |
| Owner Occupied HU | 2,594 (70.3%) |
| Renter Occupied HU | 899 (24.3%) |
| Vacant Housing Units | 199 ( 5.4%) |
| Median Home Value | $237,823 |
| Average Home Value | $259,343 |
Housing Distribution
Address Breakdown
Residential
3,458
Single Family
3,410
Multi-Family
48
Businesses
262
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