622 E Adams StMeadeKS67864
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 Meade at 622 E Adams St, Meade, KS, 67864 offers $990/mo rent that, after a $827/mo payment. Total monthly income is $990/mo. Return on cash invested measures 17.04% in year one, and rental yield stands at 7.03% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 88.07% and total cumulative return in cash reaches $49,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $990/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67864, Meade, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 553 (58.5%) |
| Renter Occupied HU | 231 (24.4%) |
| Vacant Housing Units | 161 (17.0%) |
| Median Home Value | $140,962 |
| Average Home Value | $193,151 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices