615 W 4th StMiltonvaleKS67466
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 Miltonvale at 615 W 4th St, Miltonvale, KS, 67466 priced at $269,900 converts $2,137/mo rent into $341/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,137/mo, and annual cash flow totals $4,097/yr on $89,472 invested. Return on cash invested prints 24.49% in year one, and rental yield reads 9.5% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 128.02% and total cumulative return in cash sums $114,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,137/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67466, Miltonvale, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 218 (60.1%) |
| Renter Occupied HU | 50 (13.8%) |
| Vacant Housing Units | 95 (26.2%) |
| Median Home Value | $175,000 |
| Average Home Value | $238,578 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Julie Maynard • Rockhill Real Estate Group
Mls Name: FHARMLS
Mls Provider:
Mls ID: #20252285
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.