616 N School StAugustaKS67010
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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
Investment property for sale in Augusta at 616 N School St, Augusta, KS, 67010 with 5% annual appreciation on a $125,000 basis while $881/mo rent supports operations. Total monthly income totals $881/mo and a $612/mo payment preserves $49/mo for cash returns. Annual cash flow comes to $590/yr on $41,438 deployed, and return on cash invested reaches 21.33% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 8.46%. Five-year ROI measures 111.22% and total cumulative return in cash totals $46,085.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $881/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67010, Augusta, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,056 (100%) |
| Owner Occupied HU | 4,015 (66.3%) |
| Renter Occupied HU | 1,463 (24.2%) |
| Vacant Housing Units | 578 ( 9.5%) |
| Median Home Value | $234,766 |
| Average Home Value | $276,012 |
Housing Distribution
Address Breakdown
Residential
5,536
Single Family
5,328
Multi-Family
208
Businesses
380
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