617 N Cedar StStocktonKS67669
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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 Stockton at 617 N Cedar St, Stockton, KS, 67669 offers a 9.65% rental yield on a $124,000 purchase with $997/mo rent. Total monthly income registers $997/mo, and a $607/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,064/yr on $41,106 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $800/yr while 5% annual appreciation supports $34,259 over five years. Portfolio math shows five-year ROI at 130.35% and total cumulative return in cash at $53,583. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $997/mo property income against a $607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,522 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67669, Stockton, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 965 (100%) |
| Owner Occupied HU | 580 (60.1%) |
| Renter Occupied HU | 191 (19.8%) |
| Vacant Housing Units | 194 (20.1%) |
| Median Home Value | $87,879 |
| Average Home Value | $145,776 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
720
Multi-Family
40
Businesses
121
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